MUNICH (dpa-AFX) – The Taiwanese chip supplier Globalwafers is increasing its takeover offer for the German wafer manufacturer Siltronic, as expected by many investors. Instead of the previous 125 euros, 140 euros per outstanding common share would now be offered, as Globalwafers announced on Friday. All other conditions of the takeover offer remained unchanged. The shareholders can continue to consider whether to accept the offer until January 27th. Many are likely to have expected improvements anyway, because the share price had risen to around 140 euros after the first offer in December.
The major shareholder WACKER CHEMIE had already contractually agreed in December that it would sell its almost 31 percent stake in Siltronic, which will bring almost 1.2 billion euros into the till. In addition, Globalwafers announced a minimum acceptance threshold of 65 percent in December. According to the announcement on Friday, the group currently holds 4.53 percent of Siltronic.
In the event of a successful takeover, Globalwafers had announced that German Siltronic locations would be protected against closures until the end of 2024, as would employees in Germany against redundancies. / Mis / stk