Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Xetra  >  Wacker Chemie AG    WCH   DE000WCH8881

WACKER CHEMIE AG

(WCH)
  Report
Real-time Estimate Quote. Real-time Estimate Tradegate - 01/27 12:39:01 pm
116.025 EUR   -2.62%
09:24aWACKER CHEMIE AG : UBS gives a Buy rating
MD
01/25WACKER CHEMIE AG : Gets a Buy rating from DZ Bank
MD
01/25GlobalWafers makes last ditch bid to save $5.3 billion Siltronic deal
RE
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector news

Wacker Chemie to Sell Stake in Siltronic to GlobalWafers

11/30/2020 | 01:51am EST

By Cecilia Butini

WackerChemie AG said late on Sunday that it is in advanced, near-final negotiations to sell its entire stake in Siltronic AG to Taiwan-based semiconductor company GlobalWafers Co. Ltd.

The sale is in the context of a voluntary tender offer by GlobalWafers to Siltronic with an offer price of 125 euros ($149.53) per share. Wacker Chemie's stake in Siltronic amounts to 30.8% of Siltronic's total outstanding shares, or 9.24 million shares, the company said.

Wacker Chemie said a binding agreement is nearly finalized, pending approval from the company's supervisory board. The supervisory board is expected to make a decision in the second week of December.

Siltronic said that it considers the GlobalWafers offer to be attractive and appropriate. It also said that its executive board intends to propose a dividend of approximately EUR2 per share for fiscal 2020, which is expected to be paid before the completion of the transaction.

Siltronic said the takeover won't affect its business strategy and social partnership with employee representatives. The German wafer manufacturer also said there won't be any site closures or layoffs in Germany until the end of 2024.

Write to Cecilia Butini at cecilia.butini@wsj.com

(END) Dow Jones Newswires

11-30-20 0150ET

Stocks mentioned in the article
ChangeLast1st jan.
GLOBALWAFERS CO., LTD. -3.63% 690 End-of-day quote.-2.54%
SILTRONIC -0.42% 140.7 Delayed Quote.10.30%
WACKER CHEMIE AG -2.39% 116.3 Delayed Quote.2.06%
All news about WACKER CHEMIE AG
09:24aWACKER CHEMIE AG : UBS gives a Buy rating
MD
01/25WACKER CHEMIE AG : Gets a Buy rating from DZ Bank
MD
01/25GlobalWafers makes last ditch bid to save $5.3 billion Siltronic deal
RE
01/25GlobalWafers makes last ditch bid to save $5.3 bln Siltronic deal
RE
01/23GlobalWafers further raises bid for Siltronic to 4.35 billion euros
RE
01/22GlobalWafers raises takeover bid for Siltronic to $5.1 billion
RE
01/22WACKER CHEMIE AG : Warburg Research remains its Buy rating
MD
01/22GlobalWafers Increases Siltronic Bid
DJ
01/22GlobalWafers raises takeover bid for Siltronic to $5.1 bln
RE
01/21DGAP-AFR : Wacker Chemie AG: Preliminary announcement of the publication of fina..
DJ
More news
Financials
Sales 2020 4 640 M 5 614 M 5 614 M
Net income 2020 149 M 180 M 180 M
Net Debt 2020 373 M 451 M 451 M
P/E ratio 2020 39,1x
Yield 2020 0,93%
Capitalization 5 919 M 7 199 M 7 162 M
EV / Sales 2020 1,36x
EV / Sales 2021 1,12x
Nbr of Employees 14 382
Free-Float 28,8%
Chart WACKER CHEMIE AG
Duration : Period :
Wacker Chemie AG Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends WACKER CHEMIE AG
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 15
Average target price 116,70 €
Last Close Price 119,15 €
Spread / Highest target 21,7%
Spread / Average Target -2,06%
Spread / Lowest Target -32,9%
EPS Revisions
Managers and Directors
NameTitle
Rudolf Staudigl President & Chief Executive Officer
Peter-Alexander Wacker Chairman-Supervisory Board
Matthias Biebl Member-Supervisory Board
Franz-Josef Kortüm Member-Supervisory Board
Susanne Weiss Member-Supervisory Board
Sector and Competitors
1st jan.Capitalization (M$)
WACKER CHEMIE AG2.06%7 199
ECOLAB INC.-3.25%59 752
SIKA AG2.44%39 562
GIVAUDAN SA-0.08%38 759
EMS-CHEMIE HOLDING AG-1.47%22 152
NOVOZYMES A/S7.30%17 180