The largest single shareholder of REpower Systems AG, French AREVA S.A., announced today its intention to make a friendly takeover offer to all shareholders of REpower Systems AG.
This offer represents a cash offer of € 105.00 per share and a premium of 44 per cent on the three-month average of the stock price. The Executive Board appreciates the further engagement of AREVA S.A. and after an extensive check of the Offer Document will publish its Reasoned Opinion. In particular, it welcomes AREVA's statement according to which it is planned to "create a worldwide centre of competence for wind energy in Germany".
