|04/12/13||Danfoss Successfully Completes Sauer-Danfoss Tender Offer; Acquisition Expected to Close Later Today|
|NORDBORG, Denmark, April 12, 2013 /PRNewswire/ -- Danfoss A/S announced today that its tender offer to purchase all the issued and outstanding shares of Sauer-Danfoss Inc. (NYSE: SHS) not already owned by Danfoss for $58.50 per share in cash was successful.
The tender offer expired at 12:00 midnight, New York City time, on Thursday, April 11, 2013. The depositary for the tender offer has advised that, as of such time, a total of 9,864,864 shares were validly tendered and not withdrawn in the... |
|03/01/13||Danfoss A/S and Sauer-Danfoss Sign Definitive Merger Agreement|
|Danfoss A/S To Acquire Remainder Of Sauer-Danfoss For $58.50 Per Share In Cash
Danfoss To Commence Tender Offer For 24.4% Of Sauer-Danfoss It Does Not Already Own
Sauer-Danfoss Declares First Quarter Dividend Of $0.35 Per Share
NORDBORG, Denmark and AMES, Iowa, March 1, 2013 /PRNewswire/ -- Danfoss A/S ("Danfoss") and Sauer-Danfoss Inc. (NYSE: SHS) today jointly announced a definitive merger agreement for Danfoss to acquire the 24.4% of Sauer-Danfoss common shares not already owned by D... |
|02/20/13||Sauer-Danfoss Inc. Reports Fourth Quarter 2012 Results|
|- Revenues Down, Reflecting Continued Weak Markets
- Operating Income Increases, Reflecting Strong Control of Costs
- Strong Cash Flow
- Initial Outlook for 2013
AMES, Iowa, Feb. 20, 2013 /PRNewswire/ -- Sauer-Danfoss Inc. (NYSE: SHS) today announced its financial results for the fourth quarter ended December 31, 2012.
Fourth Quarter Review
Net sales for the quarter declined 7 percent to $413.0 million, compared to net sales of $446.1 million for the fourth quarter of 2011. Excl... |
|02/05/13||Sauer-Danfoss Inc. To Hold Conference Call To Discuss Fourth Quarter 2012 Results|
AMES, Iowa, Feb. 5, 2013 /PRNewswire/ -- Sauer-Danfoss Inc. (NYSE: SHS) announced that it will be holding a conference call on February 21, 2013, at 10:00 AM Eastern time. The purpose of the call will be to discuss fourth quarter 2012 results. The Company will release fourth quarter results the previous day, after the close of markets.
The call is open to all interested parties on listen-only mode via an audio webcast and can be accessed through the Investor Relations page of t... |
|12/19/12||Sauer-Danfoss Inc. Special Committee Announces Retention of Financial Advisor and Legal Counsel|
AMES, Iowa, Dec. 19, 2012 /PRNewswire/ -- The Special Committee of the Board of Directors of Sauer-Danfoss Inc. ("Sauer-Danfoss") (NYSE: SHS) announced today that it has retained Lazard as the Special Committee's independent financial advisor and Kirkland & Ellis LLP as its independent legal counsel. As Sauer-Danfoss previously announced, on November 28, 2012 the Board of Directors formed a Special Committee of independent directors to consider, among other things, the proposal made on th... |