BORGWARNER GERMANY GMBH PUBLISHES TENDER OFFER TO THE SHAREHOLDERS OF BERU AG
08 December 2004 - BERU

BorgWarner Germany GmbH, an indirect subsidiary of BorgWarner Inc., Wilmington (Delaware), USA today published the offering documents concerning a voluntary public tender offer and forwarded the documents to BERU AG.

The tender offer is pursuant to German law, in particular to the Act on the Acquisition of Securities and on Takeovers (Wertpapiererwerbs- und Übernahmegesetz (WpÜG)). As already announced on November 1st 2004, the offered purchase price per share of BERU AG amounts to Euro 67.50 in cash.

On November 1st 2004 BorgWarner Germany GmbH had already informed
BERU AG of a share purchase agreement for 62.21% and a share purchase
option agreement for a further 0.82 % (around 63% in total) of BERU AG
shares, which had been signed with The Carlyle Group and a group of family
shareholders. The closing of the share purchase agreement and the exercise of
the share purchase option agreement are subject to regulatory approval of the
relevant authorities.

Further information is accessible at www.beru.com/deutsch/investor/uebernahme.php
in German exclusively.

After appropriate time for the examination of the offering documents, the
Statement of the Executive Board and Supervisory Board of BERU AG will be
released at the same website within the next days.

www.beru.de

More News
  For December 2004
  From BERU
  For Corporate
  Biker247.com Home Page