Steyr Motors Concludes Business Combination Agreement With Red Cat
Steyr Motors AG disclosed that it concluded a business combination agreement with Red Cat Holdings, Inc. and SMOT Acquisition GmbH.
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11:58:12 AM UTC
SquawkNews
Steyr Motors AG signed a business combination agreement with SMOT Acquisition GmbH and Red Cat Holdings enabling a voluntary tender offer at €39.00 per share, with a 50%+1 minimum acceptance. A 15% holder plans to tender. Post-deal, delisting or squeeze-out may be pursued.Material DetailsContext by…
12:06:14 PM UTC
SquawkNews
Steyr Motors AG/ Key word(s): Tender OfferSteyr Motors AG: Business Combination Agreement signed with Red Cat Holdings, Inc. and SMOT Acquisition GmbH — binding commitments agreed for the Steyr site and employees21.10.2026 / 13:58 CET/CESTThe issuer is solely responsible for the content of this ann…
12:06:46 PM UTC
SquawkNews
Steyr Motors AG signed a Business Combination Agreement with Red Cat/SMOT for a planned voluntary cash tender offer at €39.00 per share, subject to FDI clearances and a 50%+1 minimum acceptance. Site and employee protections in Steyr are agreed for up to three years.Material DetailsContext by AI An…
Steyr Motors AG / Key word(s): Tender OfferSteyr Motors AG: Conclusion of a Business Combination Agreement with Red Cat Holdings, Inc. and SMOT Acquisition GmbH21-Oct-2026 / 13:57 CET/CESTDisclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by E…