Nanterre (
ALL CONDITIONS FOR THE ACQUISITION OF A MAJORITY STAKE BY FAURECIA IN HELLA
ARE NOW SATISFIED
EUROPEAN COMMISSION APPROVED HELLA ACQUISITION BY
Following this last approval from regulatory authorities, all conditions precedent are now satisfied for the completion of the transaction with the Hueck Family pool announced on
- 60% of Hella shares from the Hueck Family pool, of which c. 51.5% of Hella shares to be acquired from the Hueck Family pool in cash and c. 8.5% of Hella shares to be acquired in consideration for up to 13,571,427 newly
Faurecia SE shares issued in favour of the Hueck Family pool; - and c. 19.5% as part of the settlement of the public takeover offer ended on
November 11, 2021 .
The settlement of the public takeover offer, together with completion of the transaction with the Hueck Family pool, will take place within the next ten business days.
Contacts Press Victoria CHANIAL Tel: +33 (0)1 72 36 72 58 victoria.chanial@faurecia.com |
Eric FOHLEN-WEILL
Corporate communications Director
Tel: +33 (0)1 72 36 72 58
eric.fohlen-weill@faurecia.com
Analysts/Investors Marc MAILLET Head of Investor Relations Tel: +33 (0)1 72 36 75 70 marc.maillet@faurecia.com | Matthieu FERNANDEZ Deputy Head of Investor Relations Tel: +33 (0)6 22 02 01 54 matthieu.fernandez@faurecia.com | |
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Founded in 1997,
Attachment
Faurecia - PR EC Clearance - 2022-01-25
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