Kontron says Ennoconn tender offer conditions met, settlement set for Aug. 20
Reuters2026/08/10 17:35- Ennoconn’s mandatory tender offer for Kontron has met all conditions, with closing set for Aug. 20, 2026.
- Germany has cleared the foreign direct investment review tied to the transaction.
- Ennoconn is set to hold 48.36% of Kontron shares at settlement, below a voting-rights majority.
- No further stake build-up is planned, with Kontron expected to remain independent under the existing management.
- Kontron targets EUR 40 million of medium-term synergies from cooperation with Foxconn/Ennoconn.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Pons: $20.93 million has been paid to token creators over the past 47 days
XRP’s Crazy August Is Almost Over – September Could Be Even Bigger
Crude oil is "coming back", but refined oil is "not coming back"; the global refining gap is widening.
According to Goldman Sachs, global refined oil exports have declined by about 6 million barrels per day year-on-year, with the Gulf region and Russia contributing three-quarters of the decrease. Unlike crude oil, which can be rerouted, damaged refineries cannot be relocated, and the Gulf region's refined oil exports have only recovered to 40% of pre-war levels. Goldman Sachs expects global refinery utilization rates to recover only by the second half of 2027; based on this, it has more than doubled its forecast for diesel profit margins in 2027.
Data: Detected an outflow of 35.11 million USDT from a certain exchange