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Andritz AG

EANS-WpUEG: Andritz AG /

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  Securities Acquisition and Takeover Act announcement transmitted by euro
  adhoc. The issuer is responsible for the content of this announcement.
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Publication of the offer document under: www.andritz.com


offeror:
Company: Andritz Beteiligungsgesellschaft IV GmbH
Address: Eduard-Küsters-Straße 1, 47805 Krefeld
ISIN:
Contact:


offeree:
Company: Schuler AG
Address: Bahnhofstrasse 41, 73033 Göppingen
ISIN: DE 000A0V9A22
Contact:


stockmarkets of the aqquired company:
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Berliner Wertpapierbörse
Börse Düsseldorf
Bayerischer Börse
Hamburger Wertpapierbörse
Niedersächsische Börse zu Hannover
Baden-Württembergische Wertpapierbörse
Frankfurter Wertpapierbörse


other stockmarkets of the acquired company:
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Publication of the decision to make a voluntary public takeover offer in
accordance with Section 10, Para. 1, in conjunction with Sections 29, 34 of the
German Securities Acquisition  and Takeover Act (Wertpapiererwerbs- und
Übernahmegesetz, "WpÜG")

Bidder:
Andritz Beteiligungsgesellschaft IV GmbH,
Eduard-Küsters-Straße 1
47805 Krefeld
registered in the Commercial Register of the Local Court of Charlottenburg under
HRB 130604 B

Target company:
Schuler AG
Bahnhofstrasse 41
73033 Göppingen
registered in the Commercial Register of the Local Court of Ulm under HRB 530210
ISIN: DE 000A0V9A22 (stock ticker symbol SCUN)

Andritz Beteiligungsgesellschaft IV GmbH decided on May 29, 2012 to make a
voluntary public takeover offer to the shareholders of Schuler AG to acquire
their no-par-value bearer shares in Schuler AG, with a notional share in the
capital stock of 2.60 EUR per ordinary share (the "Schuler Shares"), against
payment of a cash consideration in the amount of 20.00 EUR per Schuler share
(the "takeover offer").
The offer document for the takeover offer and further information on the
takeover offer will be published in the Internet at www.andritz.com.

Further information:
Andritz Beteiligungsgesellschaft IV GmbH is a direct subsidiary of Andritz AG.
The takeover offer is exclusively subject to the provisions of the approval by
the anti-trust authorities. Today, Schuler Beteiligungen GmbH has sold its
Schuler shares, corresponding to 38.5% of the capital stock of Schuler AG, to
the bidder. Enforcement is subject to approval by the anti-trust authorities.
Furthermore, the takeover offer is issued according to the terms and conditions
contained in the offer document.

Important information:
This announcement does not constitute an offer to purchase nor an invitation to
make an offer to sell shares of Schuler AG. The final terms and conditions of
the takeover offer as well as further provisions regarding the takeover offer
will be disclosed in the offer document after permission is given to publish the
offer document by the German Federal Financial Supervisory Authority. Investors
and shareholders of Schuler AG are strongly recommended to read the offer
document and all documents in connection with the takeover offer as soon as they
are published as they contain important information.

Krefeld, May 29, 2012

Andritz Beteiligungsgesellschaft IV GmbH 




Listed: Schuler is listed on the Regulated Markets of the Frankfurt and
Stuttgart stock exchanges as well as on the Second Regulated Markets on the
Berlin, Düsseldorf, Hamburg, Hannover and Munich stock exchanges.

Further inquiry note:
Michael Buchbauer
Head of Investor Relations
Tel.: +43 316 6902 2979
Fax: +43 316 6902 465
mailto:michael.buchbauer@andritz.com

end of announcement                               euro adhoc 
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issuer:      Andritz AG
             Stattegger Straße 18
             A-8045 Graz
phone:       +43 (0)316 6902-0
FAX:         +43 (0)316 6902-415
mail:         welcome@andritz.com
WWW:      www.andritz.com
sector:      Machine Manufacturing
ISIN:        AT0000730007
indexes:     WBI, ATX Prime, ATX, ATX five
stockmarkets: official market: Wien 
language:   English

Original-Content von: Andritz AG, übermittelt durch news aktuell

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