The following information is based on a press release from Volkswagen Aktiengesellschaft (Volkswagen) dated February 21, 2014 and may be subject to change.
Volkswagen has announced a cash offer to acquire all outstanding shares of Scania AB (Scania), whereby every one (1) Scania share held entitles their holder to a cash payment of SEK 200. If Scania, as a result of the offer, requests for a de-listing of the underlying share or if the trading in the same is considered to be insufficient to support related derivatives trading, NASDAQ OMX Derivatives Markets will (1) set a new expiration day for options, forwards and futures contracts in Scania (SCVB) and (2) settle the contracts at Fair Value.
For further information, please see the attached file.
