Locked content Superior tenders 11.4 mln Uniwheel shares

Superior Industries tendered 11.4 million shares of WSE-listed alloy wheels producer Uniwheels, representing a 92.3 percent stake in the company. The transaction will be finalized on May 25. American investor agreed to buy 7.6 million shares representing a 61.29 percent stake in the company from its...

Locked content Superior Industries offer for Uniwheels goes through

Superior Industries tendered over 75 percent of German WSE-listed alloy wheels producer Uniwheels shares, which means that the tender deal will go through. After agreeing to buy 61.29 percent of Uniwheels shares from its owner, Superior announced the tender to buy back the remaining 4.8 million shar...

Locked content Superior Industries raises prices in Uniwheels bid

Despite its earlier statement, that the offer is final, Superior Industries has raised its offer for the German WSE-listed alloy wheels producer Uniwheels to PLN 247.87 apiece, from the previous PLN 236.07. The new bid puts the value of the company at PLN 2.91 billion. After agreeing to buy 61.29 pe...

Locked content Superior bid for Uniwheels is final. No more dividends

Superior Industries said it won’t raise its offer for German WSE-listed alloy wheels producer Uniwheels shares. The current and final offer stands at PLN 236.07 per share. “We think it’s a fair price,” Superior CEO Donald J. Stebbins said. After agreeing to buy 61.29 percent of Uniwheels...