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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Siltronic Ag | TG:WAF | Tradegate | Ordinary Share |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.45 | 0.61% | 74.25 | 73.70 | 74.10 | 74.25 | 72.75 | 73.55 | 2,008 | 16:30:01 |
From May 2019 to May 2024
By Joshua Kirby
GlobalWafers Co. said Friday that its subsidiary has increased its all-share takeover offer for Siltronic AG, while all other conditions remain unchanged.
The Taiwanese industrial manufacturer said subsidiary GlobalWafers GmbH's increased offer of 140 euros ($170.34) a share, from EUR125 previously, represents a 66% premium to the 90-day volume weighted average Xetra price as of Nov. 27.
The price increase is a result of market purchases of Siltronic shares on Jan. 21, GlobalWafers said.
Last month, the company reached a deal with Wacker Chemie AG to buy the German chemical company's entire stake of around 30.8% in Siltronic at the previous price.
As before, the acceptance period for the offer will expire at midnight on Jan. 27, GlobalWafers said.
Write to Joshua Kirby at joshua.kirby@dowjones.com; @joshualeokirby
(END) Dow Jones Newswires
January 22, 2021 04:16 ET (09:16 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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