KUKA AG
KUKA AG
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Ticker: KU2
ISIN: DE0006204407

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: Sale of Systems US-Aerospace-Business

15-Dec-2016 / 14:22 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


KUKA Aktiengesellschaft
Zugspitzstrasse 140, 86165 Augsburg

- ISIN DE0006204407-
- ISIN DE000A2BPXK1 -
Listed on the following German stock exchanges: Frankfurt am Main and Munich

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:
Andreas Spitzauer
phone: +49 821 7975-216
fax: +49 821 7975-213
e-mail: [email protected]


15-Dec-2016 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de


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

530177  15-Dec-2016 CET/CEST

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