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 shares in free float. The company announced that the offer will be valid if at least 75 percent of Uniwheels shares are tendered. The final offer was at PLN 247.87 apiece. The bid puts the value of the company at PLN 2.91 billion. Final results from the tender will be published later, Superior said.