11Lun·

What to do if a takeover is imminent?

For the first time, I have a situation where a company in my portfolio is likely to be acquired. In this specific case it is about $ECV (-0,29 %)

As a result of the takeover rumors, the share price has risen by over 40% in recent weeks. The new owner probably wants to delist the company from the stock exchange. Just wait and see or sell to be on the safe side?

12 Comentarios

Malte@Malte123

11Lun

Whether there will be any better offers is questionable. I think I would sell now.

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Staatsmann@Staatsmann

11Lun

@Malte123 Yes, they can.
A complete delisting with compensation for shareholders by a company is possible and is an entrepreneurial decision.

This is decided by the supervisory board and the stock exchange supervisory authority. Shareholders have no say in the matter.

https://www.finanzen.net/nachricht/aktien/rueckzug-von-der-boerse-delisting-was-passiert-wenn-eine-aktie-von-der-boerse-genommen-wird-10855494

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Malte@Malte123

11Lun

@Staatsmann thank you for the correction

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bz2024@bz2024

11Lun

@Staatsmann Like $OHB?

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Staatsmann@Staatsmann

11Lun

@bz2023 Inwiefern?

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bz2024@bz2024

11Lun

@Staatsmann Because the Fuchs family has brought KKR on board and wants to delist OHB from the stock exchange after 22 years. The investment company has declared its intention to acquire all shares that are not in family ownership and is offering EUR 44 per share.

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Staatsmann@Staatsmann

11Lun

@bz2023 I hadn't noticed, thanks for the info!

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GeldmitKopf@cashwithhead

11Lun

would always sell if an offer is attractive enough. 1 you are then rid of the risk of the deal falling through & 2 you can move on immediately with the money. If the deal goes through, you have only wasted time in the end and get the same thing. Of course it is different if the deal is not good enough for you

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Kevin E.@KevinE

11Lun

Opportunity: You can still get a larger sum from the buyer. This would offer potential for even more upside.

Risk: If the deal does not materialize or a lower sales price is achieved, the share price will certainly fall by a similar amount again.

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philipp G.@Prg

11Lun

I am still waiting, as the first purchase price (€17.5 according to Handelsblatt) that is doing the rounds is above the Encavis share price.

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Staatsmann@Staatsmann

11Lun

Wait and see what the offers look like.
Then you can agree and the shares will be sold according to the offer.

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Thomas@ThomasB2010

11Lun

What does the offer of €17.50 mean? Does this mean that all shareholders would receive this price for one share?

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