Mitterbauer Beteiligungs AG plans takeover offer to free-float shareholders and delisting of Miba AG

July 14, 2015

Miba AG has been informed by its majority shareholder, Mitterbauer Beteiligungs-Aktiengesellschaft (MBAG), that a takeover offer addressed to free-float shareholders is planned. The company was also informed that MBAG targets a squeeze-out and a delisting of the Miba preferred shares from the Vienna Stock Exchange, likely in the fourth quarter 2015.

MBAG intends to make a voluntary public offer in accordance with Sections 4 et seq of the Austrian Takeover Code (“ATC”) to the shareholders of Miba to purchase all no par value preferred bearer shares Issue B of Miba which are listed for trading on the Vienna Stock Exchange.

The offer price will amount to EUR 550 per preferred share and the offer document is expected to be published on or about July 30, 2015. The offer period will commence upon publication of the offer and will presumably last three weeks.

www.miba.com 

In the latest issue of PM Review…

Download PDF

Extensive Powder Metallurgy industry news coverage, and the following exclusive deep-dive articles and reports:

  • Burgess-Norton and Amsted Automotive: How a legacy automotive supplier is growing with, not despite, electrification
  • Meeting sustainability demands in PM: High-temperature sintering of nickel- and copper-free powder mixtures for low alloyed PM parts
  • World PM2022: An overview of the status and trends in the global PM industry
  • A novel approach for the production of metal powders with tailored chemical compositions: Amazemet’s rePowder
  • Productivity, flexibility, reliability: SACMI’s new press technologies for the changing PM industry
  • Understanding the thermal properties of metal powders: Characterisation of powders using the Hot Disk technique
  • World PM2022: Views on the potential of Field Assisted Sintering for advanced materials

The latest news from the world of metal powders, delivered to your inbox

Don't miss any new issue of PM Review, and get the latest industry news. Sign up to our weekly newsletter.

Sign up

From the industry…

Discover our magazine archive…

The free-to-access PM Review magazine archive offers unparalleled insight into the world of Powder Metallurgy from a commercial and technological perspective through:

  • Reports on visits to leading PM part manufacturers, metal powder manufacturers and industry suppliers
  • Articles on technology and application trends
  • Information on materials developments
  • Reviews of key technical presentations from the international conference circuit
  • International industry news

All past issues are available to download as free PDFs or view in your browser.

 

Browse the archive

 

Looking for PM production equipment, metal powders, R&D support and more?

Discover suppliers of these and more in our
advertisers’ index and buyer’s guide, available in the back of PM Review magazine.

  • Powders & materials
  • Powder process, classification & analysis
  • PM products
  • Atomisers & powder production technology
  • Compaction presses, tooling & ancillaries
  • Sintering equipment & ancillaries
  • Post-processing
  • Consulting & toll sintering
Download PDF
Share via
Copy link