Subscription Period for Superior Industries’ Tender of UNIWHEELS AG’s Shares to Close Monday, July 31, 2017
July 27 2017 - 2:00AM
Business Wire
Superior Industries International, Inc. (NYSE:SUP), one
of the world’s largest manufacturers of aluminum wheels, reiterated
today that the subscription period for the tender offer to acquire
all remaining outstanding shares of UNIWHEELS AG (“UNIWHEELS”) will
close Monday, July 31, 2017.
On June 30, 2017, Superior announced it had commenced a tender
offer to acquire the remaining 954,920 shares held by the public
shareholders, which represents approximately 7.7% of the total
outstanding shares of UNIWHEELS, for cash consideration of 247.87zl
per share. Superior acquired the other approximately 92.3% of the
outstanding shares through a tender offer that was settled on May
30, 2017, where the public shareholders also received cash
consideration of 247.87zl per share. Following the settlement of
the tender offer, Superior will finalize the proceedings to delist
UNIWHEELS’ common stock from the Warsaw Stock Exchange.
About Superior Industries
Superior is one of the largest global aluminum wheel suppliers
for OEMs. Superior partners with its customers to provide the
marketplace a wide variety of innovative and high quality products.
Superior also maintains leading aftermarket brands including ATS,
RIAL, ALUTEC, and ANZIO. Headquartered in Southfield, Michigan,
Superior is listed on the New York Stock Exchange and is a
component of Standard & Poor’s Small Cap 600 and Russell 2000
Indices. For more information, visit www.supind.com.
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Superior Industries International, Inc.Investor Relations
Line:(248) 234-7104Troy Fordwww.supind.comorClermont
PartnersVictoria Sivrais(312)
690-6004vsivrais@clermontpartners.com
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