Robert Bosch GmbH of Stuttgart, Germany, has made a public takeover offer to the Buderus boiler firm. Bosch is a diversified manufacturer of products that include tools and appliances, such as wall-hanging gas-fired boilers and water heaters.
At press time, the offering period was extended to July 4. The offer price of $34.48 (USD) per share exceeds the Buderus weighted average domestic stock exchange price of $29.50.