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DE000SHA0159
Mon, 26.02.2024       Schaeffler AG

Schaeffler Announces New Automotive Manufacturing Facility Future of mobility development workforce in Ohio to add 650 jobs by 2032 Planned investment of over USD 230 million in state-of-the-art manufacturing facility and future expansion in Ohio, USA until 2032 Investment reflects Schaeffler’s ambition to realize growth potential in the Americ [ … ]
Mon, 26.02.2024       Schaeffler AG

Publication of inside information pursuant to Article 17 ofRegulation (EU) No. 596/2014   Schaeffler AG reaches agreement with Vitesco Technologies Group AG on a preliminary exchange ratio of 11.4 Schaeffler shares per Vitesco share for the intended merger.   Herzogenaurach, February 26, 2024 – Schaeffler AG (“Schaeffler”) has preliminarily agr [ … ]
Fri, 23.02.2024       Schaeffler AG

Schaeffler Group reappoints CEOs of both automotive divisions Herzogenaurach | February 23, 2024 | At its meeting today, the Supervisory Board of Schaeffler AG agreed to renew the contracts of Executive Board members Matthias Zink and Jens Schüler for five years each, effective January 1, 2025. Matthias Zink (54) has been a member of the Executi [ … ]
Thu, 08.02.2024       Schaeffler AG

CDP rating: Schaeffler receives an “A” score in the climate change category Schaeffler achieves CDP “A” rating in the climate change category CDP result confirms Schaeffler’s sustainability strategy Climate Action Plan drives implementation Herzogenaurach, Germany | February 8, 2024 | Schaeffler has been awarded an “A” score in the climate cha [ … ]
Fri, 02.02.2024       Schaeffler AG

Shareholders of Schaeffler AG approve conversion of non-voting common shares Conversion of non-voting common shares into common shares with full voting rights approved with large majority Conversion intended to become effective with the merger of Vitesco into Schaeffler Second step of the three-step overall transaction successfully completed  [ … ]
Tue, 23.01.2024       Schaeffler AG

Schaeffler acquires additional stake of 9 percent in Vitesco Stake previously held by BofA Securities Europe S.A. as part of a Total Return Swap agreement with Schaeffler Price paid for additional Vitesco shares below the consideration of the tender offer Together with IHO Holding, Schaeffler holds 88.81 percent of the share capital and voting  [ … ]
Tue, 09.01.2024       Schaeffler AG

NOT FOR PUBLICATION OR DISTRIBUTION IN THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA, SOUTH AFRICA OR JAPAN   Schaeffler AG successfully issues bonds to finance the acquisition of Vitesco shares   Bond issuance with a total volume of 1.1 billion euros in two tranches with tenor of two and a half and five and a half years Issuance procee [ … ]
Thu, 21.12.2023       Schaeffler AG

European Investment Bank finances research and development of sustainable technologies at Schaeffler AG Loan volume of 420 million euros with a term of up to ten years Funding of research and development expenses for innovative technologies in the automotive and industrial sectors with a focus on renewable energies, electric mobility, and hydro [ … ]
Wed, 20.12.2023       Schaeffler AG

  Schaeffler AG has secured 29.88 percent of Vitesco Technologies Group AG with its public tender offer    Tender offer successful, 11,957,629 Vitesco shares have been tendered Schaeffler AG stake in Vitesco Technologies Group AG around 30 percent Completion of tender offer and payment of consideration on January 5, 2024 Extraordinary Ge [ … ]
Fri, 15.12.2023       Schaeffler AG

Klaus Rosenfeld to remain CEO of Schaeffler AG for a further five-year term Klaus Rosenfeld has been CEO of Schaeffler AG since June 2014 Contract extended for a further five years Integration of Vitesco Technologies Group AG as important task for the future Georg F. W. Schaeffler: “Klaus Rosenfeld stands for continuity and progress in equal  [ … ]

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