Locked content Fam, Uniwheels to leave WSE on February 20

The Financial Supervision Authority KNF approved the motions of WSE-listed companies Fam and Uniwheels to delist them effective February 20. Uniwheels is an alloy wheels producer, while Fam manufactures anticorrosive steel elements….

Locked content Uniwheels with €11.7 mln Q3 profit

WSE-listed alloy wheels producer Uniwheels had €11.7 million consolidated net profit in Q3, down from €14.4 million profit last year. EBITDA was €19.4 million compared with €15.3 million gain a year earlier. Consolidated revenues amounted to €130.6 million in Q3 2017 against € 111.9 million a year e...

Locked content Superior Industries secures more Uniwheels shares

Superior Industries bought the remaining 109.959 shares of WSE-listed alloy wheels producer Uniwheels, after the mandatory squeeze-out for 954,920 (7.7 percent stake) free float shares. Earlier in June, American investor agreed to buy 7.6 million shares representing a 61.29 percent stake in the comp...

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...

Locked content Superior Industries to bid on 100% Uniwheels shares

German Superior Industries International issued an offer to buy all shares in the WSE-listed alloy wheels producer Uniwheels, the company said in a market filing. “The Company has been notified today by its major shareholder that it has entered into an irrevocable undertaking with Superior Industrie...

Locked content Uniwheels main shareholder may sell part or entire stake

The lead shareholder of alloy rim producer Uniwheels could sell part of or its entire 61.3 percent stake in the company as part of a review of strategic options, Uniwheels announced. “The process is at an initial stage and Uniwheels Holding does not exclude any scenario, including a potential ...