Now that more than 80% of the shares have been tendered in the public tender offer process, KUKA AG is aiming at a complete takeover of Swisslog Holding AG.
In case of holding more than 90% of the Swisslog shares on expiry of the tender offer, KUKA AG would merge with Swisslog and compensate the remaining shareholders in cash. After this squeeze-out process, KUKA AG would have the Swisslog shares delisted from the SIX Swiss Exchange. A corresponding supplement to the tender offer prospectus is going to be published.
