EQS-News: Annual General Meeting of Schaeffler approves merger ofVitesco Technologies Group Aktiengesellschaft into Schaeffler AG
Approval of the merger by the Annual General Meeting, completion of the merger still expected in the fourth quarter of 2024
- Approval of the merger by the Annual General Meeting, completion of the merger still expected in the fourth quarter of 2024
Horst Ott, District Manager of the IG Metall union in Bavaria, appointed as a member of the Supervisory Board
Herzogenaurach | April 25, 2024 | The Annual General Meeting of Schaeffler AG (“Schaeffler”) today approved the merger of Vitesco Technologies Group Aktiengesellschaft (“Vitesco”) into Schaeffler. - After Vitesco shareholders at their Annual General Meeting had already voted in favour of the merger agreement the day before, the Annual General Meeting of Schaeffler has also given the green light for the merger.
- Klaus Rosenfeld, CEO of Schaeffler AG: “With the approval of the Annual General Meetings of Schaeffler and Vitesco we have fulfilled further important requirements to finalise the merger of the two companies.
- “The approval of the merger of Vitesco Technologies Group Aktiengesellschaft into Schaeffler AG at today’s Annual General Meeting marks a milestone in our corporate history.