Corporate actions
May 05, 2023

Kloeckner & Co SE : Takeover (Update 05 May 2023)

Update 05 May 2023

On 28 April 2023, the company SWOCTEM GmbH announced the result of the voluntary public takeover offer to the shareholders of Kloeckner & Co SE press release, SWOCTEM GmbH holds 32.77% of the shares of Kloeckner & Co SE. The conditions for the fair value settlement of Kloeckner & Co SE contracts according to the Eurex contract specifications are therefore not fulfilled and trading in Kloeckner & Co SE contracts continues without any changes.


On 13 March 2023, the company SWOCTEM GmbH announced its proposal to acquire Kloeckner & Co SE via a voluntary takeover offer to the shareholders of Kloeckner & Co SE at a price of EUR 9.75 per share.

More information about this transaction is available on the companies` websites.

This information describes the potential effects this transaction will have on the above-mentioned contracts.

 

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