TDK Determines Cash Compensation For EPCOS Squeeze-Out
March 19 2009 - 8:34AM
Dow Jones News
The principal shareholder of EPCOS AG, TDK Corporation, Tokyo,
Japan, Thursday said it has determined a cash compensation for the
squeeze-out of EPCOS AG.
The company has determined a cash compensation to be paid for
the transfer of the shares held by EPCOS's minority shareholders to
TDK Corporation at an amount of EUR18.14 per non-par value
registered share with a calculated amount in the share capital of
EUR 1.00.
A resolution on the squeeze out is to be passed at the ordinary
general meeting of EPCOS AG scheduled for 20 May 2009.