Fujian Grand Chip Unit To Make Takeover Offer For AIXTRON - Quick Facts

(RTTNews) - Grand Chip Investment GmbH, an indirect subsidiary of Fujian Grand Chip Investment Fund LP, announced its decision to make a voluntary public takeover offer to the shareholders of AIXTRON SE for the acquisition of their no-par value registered shares in AIXTRON, including all AIXTRON shares represented by ADSs. The company intends to offer a consideration of 6.00 euros per AIXTRON share.

Grand Chip Investment stated that the takeover offer will presumably be made subject to the conditions precedent of, amongst others, a minimum acceptance rate of 60 percent of the issued AIXTRON shares, the absence of capital measures of the target company and a material adverse effect and the granting of certain regulatory approvals.