Sika AG: FINMA REJECTS APPEAL AGAINST DECISION OF THE SWISS TAKEOVER BOARD Montag, 04. Mai 2015 - 20:49
Today FINMA has issued a decision rejecting the appeal lodged by the shareholder group of William H. Gates III and Melinda French Gates as trustees of Bill & Melinda Gates Foundation Trust as well Cascade Investment. With today's decision, FINMA has confirmed the decision of the Swiss Takeover Board pursuant to which the opting-out clause according to art. 5 of the articles of association of Sika AG applies to the proposed acquisition of Schenker-Winkler Holding AG by Saint-Gobain and, therefore, Saint-Gobain is not obliged to submit a public tender offer to all shareholders of Sika AG.
| DATE | May 4, 2015 | CONTACT | Dominik Slappnig |
| Corporate Communications & | |||
| SIKA AG | Zugerstrasse 50 | Investor Relations | |
| 6341 Baar, Switzerland | TELEPHONE | +41 58 436 68 21 | |
| www.sika.com | slappnig.dominik@ch.sika.com |
SIKA CORPORATE PROFILE
Sika is a specialty chemicals company with a leading position in the development and production of systems and products for bonding, sealing, damping, reinforcing and protecting in the building sector and the motor vehicle industry. Sika has subsidiaries in 91 countries around the world and manufactures in over 160 factories. Its approximately 17,000 employees generated annual sales of CHF 5.6 billion in 2014.
The media release can be downloaded from the following link:
