10Mes·

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 (+0,63%)


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?

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12 Commenti

immagine del profilo
Whether there will be any better offers is questionable. I think I would sell now.
5
immagine del profilo
@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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immagine del profilo
@Staatsmann thank you for the correction
immagine del profilo
immagine del profilo
immagine del profilo
@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.
immagine del profilo
@bz2023 I hadn't noticed, thanks for the info!
immagine del profilo
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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immagine del profilo
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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immagine del profilo
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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immagine del profilo
Wait and see what the offers look like.
Then you can agree and the shares will be sold according to the offer.
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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