11/11/2020 09:50:00 CET
Publication of inside information pursuant to Art. 17 para. 1 of Regulation (EU) 596/2014 on market abuse (Market Abuse Regulation)
The joint venture partner of Manz Taiwan Ltd., a subsidiary of Manz AG, has exercised its contractual call option to acquire Manz Taiwan Ltd.'s 80.5% share in Talus Manufacturing Ltd. Chungli City (Taiwan). The agreed selling price is in the mid double-digit million-euro range. The contribution to earnings made by Talus Manufacturing Ltd. totaled 8.8 million euros in fiscal year 2019 (previous year: - 2.6 million euros) and 9.3 million euros in the first nine months of fiscal year 2020.
The transaction is still subject to regulatory approvals in Taiwan The joint venture partner is a global supplier of innovative wafer fabrication equipment and services to the semiconductor industry. Talus Manufacturing Ltd. is a global center for the refurbishment and upgrade of existing semiconductor manufacturing equipment.
Additional information:
ISIN: DE000A0JQ5U3
WKN: A0JQ5U
Exchange abbreviation: M5Z
Market segment: Regulated market (Prime Standard) of the Frankfurt Stock Exchange
Manz AG
Steigäckerstraße 5
72768 Reutlingen
Germany
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