EQS-News: Schaeffler AG / Key word(s): AGM/EGM/Dividend Annual General Meeting of Schaeffler approves merger ofVitesco Technologies Group Aktiengesellschaft into Schaeffler AG 25.04.2024 / 16:50 CET/CEST The issuer is solely responsible for the content of this announcement. Annual General Meeting of Schaeffler approves merger of Vitesco Technologies Group Aktiengesellschaft into Schaeffler AG Approval of the merger by the Annual General Meeting, completion of the merger still expected in the...
EQS-News: Schaeffler AG / Key word(s): Alliance Artificial intelligence: Schaeffler and Siemens intensify collaboration 22.04.2024 / 11:38 CET/CEST The issuer is solely responsible for the content of this announcement. Artificial intelligence: Schaeffler and Siemens intensify collaboration Schaeffler and Siemens sign memorandum of understanding (MoU) in the field of artificial intelligence in production Memorandum of understanding focuses on joint development of digital solutions for the shop...
EQS-News: Schaeffler AG / Key word(s): Bond/Issue of Debt Schaeffler AG successfully places a bond in the amount of 850 million euros 22.03.2024 / 08:06 CET/CEST The issuer is solely responsible for the content of this announcement. NOT FOR PUBLICATION OR DISTRIBUTION IN THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA, SOUTH AFRICA OR JAPAN Schaeffler AG successfully places a bond in the amount of 850 million euros Herzogenaurach, Germany | March 22, 2024 | Yesterday, Schaeffler AG successfully...
EQS-News: Schaeffler AG / Key word(s): Merger Schaeffler and Vitesco enter into merger agreement 13.03.2024 / 18:30 CET/CEST The issuer is solely responsible for the content of this announcement. Schaeffler and Vitesco enter into merger agreement Merger agreement signed following approval by the respective Supervisory Boards Exchange ratio of 11.4 Schaeffler shares per Vitesco share confirmed Completion of the merger is still expected in the fourth quarter of 2024 following the approval of the...
EQS-News: Schaeffler AG / Key word(s): Sustainability Schaeffler publishes Sustainability Report 2023 05.03.2024 / 08:12 CET/CEST The issuer is solely responsible for the content of this announcement. Schaeffler publishes Sustainability Report 2023 Sustainability strategy with ten actionable areas along the three ESG dimensions Decarbonization as the main environmental challenge Product development as key to sustainable technological transformation Social responsibility and values-based...
EQS-News: Schaeffler AG / Key word(s): Annual Results Schaeffler Group improves profitability in 2023 05.03.2024 / 08:00 CET/CEST The issuer is solely responsible for the content of this announcement. Schaeffler Group improves profitability in 2023 Schaeffler Group revenue up 5.8 percent at constant currency to 16.3 billion euros (prior year: 15.8 billion euros) EBIT before special items improved to 1,187 million euros (prior year: 1,046 million euros), EBIT margin before special items at 7.3...
EQS-News: Schaeffler AG / Key word(s): Miscellaneous Schaeffler Announces New Automotive Manufacturing Facility 26.02.2024 / 18:41 CET/CEST The issuer is solely responsible for the content of this announcement. Schaeffler Announces New Automotive Manufacturing Facility Future of mobility development workforce in Ohio to add 650 jobs by 2032 Planned investment of over USD 230 million in state-of-the-art manufacturing facility and future expansion in Ohio, USA until 2032 Investment reflects...
EQS-Ad-hoc: Schaeffler AG / Key word(s): Merger/Mergers & Acquisitions Schaeffler AG reaches agreement with Vitesco Technologies Group AG on a preliminary exchange ratio of 11.4 Schaeffler shares per Vitesco share for the intended merger 26-Feb-2024 / 09:43 CET/CEST Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. Publication of...
EQS-News: Schaeffler AG / Key word(s): Personnel Schaeffler Group reappoints CEOs of both automotive divisions 23.02.2024 / 17:07 CET/CEST The issuer is solely responsible for the content of this announcement. Schaeffler Group reappoints CEOs of both automotive divisions Herzogenaurach | February 23, 2024 | At its meeting today, the Supervisory Board of Schaeffler AG agreed to renew the contracts of Executive Board members Matthias Zink and Jens Schüler for five years each, effective January 1,...
Rainbow Robotics Signs Trilateral Business Agreement with Schaeffler and Korea Electronics Technology Institute for AI-Mobile Dual-Arm Robot Development PR Newswire BERLIN, Feb. 21, 2024 BERLIN , Feb. 21, 2024 /PRNewswire/ -- Rainbow Robotics, the robot platform company, announced that it had signed a memorandum of understanding (MOU) to co-develop AI-mobile dual-arm robots with Schaeffler and the Korea Electronics Technology Institute (KETI). The signing ceremony was attended by Dr. Michael...
Rainbow Robotics Signs Trilateral Business Agreement with Schaeffler and Korea Electronics Technology Institute for AI-Mobile Dual-Arm Robot Development PR Newswire BERLIN, Feb. 21, 2024 BERLIN , Feb. 21, 2024 /PRNewswire/ -- Rainbow Robotics, the robot platform company, announced that it had signed a memorandum of understanding (MOU) to co-develop AI-mobile dual-arm robots with Schaeffler and the Korea Electronics Technology Institute (KETI). The signing ceremony was attended by Dr. Michael...
EQS-News: Schaeffler AG / Key word(s): Sustainability CDP rating: Schaeffler receives an “A” score in the climate change category 08.02.2024 / 15:30 CET/CEST The issuer is solely responsible for the content of this announcement. CDP rating: Schaeffler receives an “A” score in the climate change category Schaeffler achieves CDP “A” rating in the climate change category CDP result confirms Schaeffler’s sustainability strategy Climate Action Plan drives implementation Herzogenaurach,...
EQS-News: Schaeffler AG / Key word(s): AGM/EGM Shareholders of Schaeffler AG approve conversion of non-voting common shares 02.02.2024 / 16:43 CET/CEST The issuer is solely responsible for the content of this announcement. Shareholders of Schaeffler AG approve conversion of non-voting common shares Conversion of non-voting common shares into common shares with full voting rights approved with large majority Conversion intended to become effective with the merger of Vitesco into Schaeffler Second...
EQS-News: Schaeffler AG / Key word(s): Merger Schaeffler acquires additional stake of 9 percent in Vitesco 23.01.2024 / 14:09 CET/CEST The issuer is solely responsible for the content of this announcement. Schaeffler acquires additional stake of 9 percent in Vitesco Stake previously held by BofA Securities Europe S.A. as part of a Total Return Swap agreement with Schaeffler Price paid for additional Vitesco shares below the consideration of the tender offer Together with IHO Holding, Schaeffler...
EQS-News: Schaeffler AG / Key word(s): Bond Schaeffler AG successfully issues bonds to finance the acquisition of Vitesco shares 09.01.2024 / 09:00 CET/CEST The issuer is solely responsible for the content of this announcement. NOT FOR PUBLICATION OR DISTRIBUTION IN THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA, SOUTH AFRICA OR JAPAN Schaeffler AG successfully issues bonds to finance the acquisition of Vitesco shares Bond issuance with a total volume of 1.1 billion euros in two tranches with...
EQS-News: Schaeffler AG / Key word(s): Miscellaneous European Investment Bank finances research and development of sustainable technologies at Schaeffler AG 21.12.2023 / 15:09 CET/CEST The issuer is solely responsible for the content of this announcement. European Investment Bank finances research and development of sustainable technologies at Schaeffler AG Loan volume of 420 million euros with a term of up to ten years Funding of research and development expenses for innovative technologies in...
EQS-News: Schaeffler AG / Key word(s): Merger Schaeffler AG has secured 29.88 percent of Vitesco Technologies Group AG with its public tender offer 20.12.2023 / 10:00 CET/CEST The issuer is solely responsible for the content of this announcement. Schaeffler AG has secured 29.88 percent of Vitesco Technologies Group AG with its public tender offer Tender offer successful, 11,957,629 Vitesco shares have been tendered Schaeffler AG stake in Vitesco Technologies Group AG around 30 percent Completion...
Tender offer successful, 11,957,629 Vitesco shares have been tendered Schaeffler AG stake in Vitesco Technologies Group AG around 30 percent Completion of tender offer and payment of consideration on January 5, 2024 Extraordinary General Meeting and separate meeting of non-voting common shareholders on February 2, 2024, as next step Completion of the overall transaction expected in the fourth quarter of 2024 Integration committee has started its work HERZOGENAURACH, GERMANY / ACCESSWIRE /...
EQS-News: Schaeffler AG / Key word(s): Personnel Klaus Rosenfeld to remain CEO of Schaeffler AG for a further five-year term 15.12.2023 / 14:36 CET/CEST The issuer is solely responsible for the content of this announcement. Klaus Rosenfeld to remain CEO of Schaeffler AG for a further five-year term Klaus Rosenfeld has been CEO of Schaeffler AG since June 2014 Contract extended for a further five years Integration of Vitesco Technologies Group AG as important task for the future Georg F. W....
EQS-News: Schaeffler AG / Key word(s): Merger Schaeffler AG and Vitesco Technologies Group AGSign Business Combination Agreement 27.11.2023 / 08:14 CET/CEST The issuer is solely responsible for the content of this announcement. Schaeffler AG and Vitesco Technologies Group AGSign Business Combination Agreement Schaeffler and Vitesco Technologies will create a leading Motion Technology Company with four focused “pure-play” divisions Nine-member Management Board planned; E-Mobility division...