LONDON (dpa-AFX) - ZF Friedrichshafen AG said the offer for the entire issued and to be issued share capital of Hansen Transmissions International NV (HSN.L) is being extended and will remain open for acceptance until the next closing date which will be 1.00 p.m. (London time) on October 5, 2011.
On July 25, 2011, the boards of ZF Friedrichshafen AG and Hansen announced the terms of a recommended cash offer for the entire issued and to be issued share capital of Hansen to be made by ZF International BV, a wholly owned subsidiary of ZF.
As at 1.00 p.m. (London time) on September 19 , 2011, being the most recent closing date of the Offer, ZF had received valid acceptances of the Offer in respect of 584.29 million Hansen Shares and/or Hansen DIs representing approximately 87.2 per cent. of the existing issued share capital of Hansen and which ZF may count towards the satisfaction of its acceptance condition.
Copyright RTT News/dpa-AFX