DGAP-Adhoc: KUKA Aktiengesellschaft: Sale of Systems US-Aerospace-Business
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DGAP-Ad-hoc: KUKA Aktiengesellschaft / Key word(s): Investment/Disposal KUKA Aktiengesellschaft - ISIN DE0006204407- Market segment: Prime Standard Disclosure of Inside Information in accordance with Article 17 MAR Sale of Systems US-Aerospace-Business With the approval of the Supervisory Board of KUKA Aktiengesellschaft, today KUKA Aerospace Holdings LLC sold its Systems US-Aerospace-Business, which was carved-out into a subsidiary, to the US company Advanced Integration Technology, Inc. The Sale of the Systems US-Aerospace-Business has to be seen in the context of the tender offer of MECCA International (BVI) Limited, a 100% subsidiary of Midea Group Co., Ltd. as of 16 June 2016. For the closing of the tender offer approvals by the US government authorities CFIUS (Committee on Foreign Investment in the United States) and DDTC (Directorate of Defense Trade Controls) are required. The sale of the Systems US-Aerospace-Business is a crucial prerequisite to obtain these approvals. Augsburg, 15 December 2016 KUKA Aktiengesellschaft The Executive Board Contact:
15-Dec-2016 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
Language: | English |
Company: | KUKA Aktiengesellschaft |
Postfach 43 12 69 | |
86072 Augsburg | |
Germany | |
Phone: | +49 (0)821 797 - 0 |
Fax: | +49 (0)821 7975 - 333 |
E-mail: | [email protected] |
Internet: | www.kuka.com |
ISIN: | DE0006204407 |
WKN: | 620440 |
Listed: | Regulated Market in Frankfurt (Prime Standard), Munich; Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Stuttgart, Tradegate Exchange |
End of Announcement | DGAP News Service |
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530177 15-Dec-2016 CET/CEST
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