on Quanmax AG (ETR:SANT)
ENNOCONN Corporation Gains Control Over Kontron AG
ENNOCONN Corporation has announced its acquisition of control over Kontron AG, according to the German Securities Acquisition and Takeover Act. The Taiwanese company secured approximately 28.84% of all target shares and 30.01% of relevant shares as of June 10, 2026. This acquisition was formalized as per the Austrian Takeover Act.
The target shares are primarily listed on Frankfurt's regulated market. ENNOCONN plans to issue a mandatory offer to Kontron's shareholders, priced at EUR 23.50 per share, following approval from the German Federal Financial Supervisory Authority (BaFin). The completion of this offer is subject to regulatory approvals under various merger and investment control laws.
Important information concerning this offer will be detailed in the offer document, pending BaFin's approval. ENNOCONN advises stakeholders to review the offer document once published, as it will outline critical details about the acquisition.
R. H.
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