AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |
Back to Blog
Dmg mori seiki japan1/4/2023 ![]() ![]() In this public tender offer, CMS has also extensively advised the company in matters of M&A and financing.This was the technology highlight this year at the company’s Open House exhibition held in February in Germany, while further global expansion plans were revealed.ĭMG Mori is the combined sales and service operation for the currently separate firms of DMG Mori Seiki Co, Japan (formerly Mori Seiki Co) and DMG Mori Seiki AG, Germany (formerly Gildemeister AG), reports Andrew Allcock, Editor of Machinery UK. in merger control matters for several years. CMS has been advising DMG MORI SEIKI CO., LTD. ![]() has a leading role on the global market and generated revenues of more than EUR2 million. MOFCOM reviewed the transaction under the simplified procedure which has only been in use since April 2014, and clearance was obtained in less than 30 days (phase 1) after receipt of the notification, namely in only 27 calendar days.Īs a result of the transaction, the long-standing cooperation between both companies is further strengthened, creating one of the world’s leading enterprises in machine tools manufacturing and plant engineering. ![]() Presumably, the approval received from the Chinese MOFCOM has been the fastest ever given by this merger control authority. The respective merger control authorities approved the transaction between the beginning of February and the end of April 2015 all clearances were given within the first phase. A team of CMS in Germany has been responsible for coordinating the merger control proceedings worldwide, in addition to representing the parties before the German Federal Cartel Office. The transaction has thereupon been notified to the merger control authorities in seven countries – Germany, China, Japan, Austria, Russia, Turkey and the USA. With a stated offer price of EUR 30.55 per share, the transaction had a maximum total value of more than EUR 1.5 billion. At the beginning of the year, DMG MORI SEIKI CO., LTD., located in Yamato-Koriyama, had successfully submitted a public tender offer to the shareholders of the German company. to 52.54% has been cleared by the respective merger control authorities. ![]() Stuttgart – The increase of the shareholding in DMG MORI AKTIENGESELLSCHAFT, Bielefeld (formerly GILDEMEISTER AG), by the Japanese machine tools manufacturer DMG MORI SEIKI CO., LTD. ![]()
0 Comments
Read More
Leave a Reply. |