Schaeffler AG : Exchange ratio for Vitesco shares looks more favourable than thought
>Schaeffler and Vitesco agreed on a preliminary exchange ratio of 11.4x - Schaeffler and Vitesco have sent out ad hoc news stating that the Executive Boards of both companies have preliminarily agreed on an exchange ratio between Vitesco shares and Schaeffler shares of 11.4 Schaeffler shares per Vitesco share in the context of the intended merger with Vitesco as the transferring entity into Schaeffler as the acquiring entity. This exchange ratio was developed by an in...
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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