on SNP Schneider-Neureither & Partner AG (ETR:SHF)
Succession German Bidco GmbH Announces Takeover Offer for SNP Schneider-Neureither & Partner SE
On December 23, 2024, Succession German Bidco GmbH, backed by Carlyle-managed funds, declared a voluntary public takeover offer for SNP Schneider-Neureither & Partner SE's outstanding shares. The offer proposes EUR 61.00 per share, pending antitrust and foreign investment approvals. This announcement comes after securing a share purchase agreement with major shareholder Wolfgang Marguerre for approximately 65.19% of SNP shares, and additional commitments from other shareholders, totaling 76.25% of the company's share capital. Details will be outlined in the offer document, with publication approved by the German Federal Financial Supervisory Authority.
R. P.
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