June 15, 2017 / 1:58 PM / in a month

BRIEF-SHW AG: Announcement of voluntary takeover bid from Pierer Industrie

1 Min Read

June 15 (Reuters) - SHW AG:

* SHW AG: ANNOUNCEMENT OF A VOLUNTARY TAKEOVER BID FROM PIERER INDUSTRIE AG

* MANAGEMENT BOARD OF SHW HAS ACKNOWLEDGED DECISION OF PIERER INDUSTRIE AG AS AT 14 JUNE 2017 TO SUBMIT A VOLUNTARY TAKEOVER BID TO SHAREHOLDERS OF SHW

* TAKEOVER BID ANNOUNCED BY PIERER INDUSTRIE AG HAS A BID PRICE IN CASH OF EUR 35 PER SHARE FOR ALL OF OUTSTANDING ORDINARY SHARES IN SHW

* MANAGEMENT BOARD WILL CAREFULLY SCRUTINISE BID ANNOUNCEMENT, WHICH WAS NOT AGREED IN ADVANCE WITH SHW, AND WILL COMMENT ON IT IN DUE COURSE Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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