Schaeffler publishes offer document for outstanding shares of Vitesco

Shareholders have the choice of tendering their shares or benefiting from the expected significant synergies by retaining their shares until the planned merger

al by the German Federal Financial Supervisory Authority (BaFin), Schaeffler AG has published the offer document for the voluntary public tender offer for all outstanding shares in automotive supplier of electric mobility and powertrain components Vitesco Technologies Group AG, according to a press release dated Nov. 15.