04-05-2012News

Heuking Kühn Lüer Wojtek advises Supervisory Board of AUGUSTA Technologie AG on voluntary takeover bid of TKH Group N.V.

Heuking Kühn Lüer Wojtek advised the Supervisory Board of AUGUSTA Technologie AG on the scheduled voluntary takeover bid by TKH Group N.V.

On April 3, 2012, Dutch TKH Group N.V. announced its decision to submit a voluntary public takeover bid for all outstanding AUGUSTA shares to the shareholders of AUGUSTA Technologie AG. Accordingly, TKH offers EUR 21 per share to all of the company's shareholders, corresponding to a total purchase price of about EUR 161 million for the outstanding shares.

AUGUSTA Technologie AG entered into a Transaction Agreement with TKH on April 3, 2012, which sets forth the material requirements of the takeover bid and the objectives pursued for the further strategic development of the AUGUSTA companies between the parties.

The lawyers of Heuking Kühn Lüer Wojtek advised the Supervisory Board of AUGUSTA Technologie AG in the negotiations with TKH Group N.V. on concluding the Transaction Agreement between AUGUSTA Technologie AG and TKH Group N.V. and in regard to the obligations under stock corporation law and capital market law, particularly of the German Securities Acquisition and Takeover Act, associated with the scheduled voluntary takeover bid.

Counsel to the Supervisory Board of AUGUSTA Technologie AG:
Heuking Kühn Lüer Wojtek, Cologne,
Dr. Mirko Sickinger, LL.M., Sven Radke, LL.M., both Capital Market Law

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