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 owner for PLN 226.5 apiece, while the remaining free float shares were acquired for PLN 247.87 apiece. New owner plans delisting the company.