OREANDA-NEWS. June 28, 2011. In accordance with the provisions of the German takeover law, Lenovo Germany Holding GmbH, an indirect wholly-owned subsidiary of Lenovo Group Limited (Hong Kong/PR China) has submitted a public tender offer to all third-party shareholders in Medion AG, Am Zehnthof 77, 45307 Essen, to acquire their shares in Medion AG. The offer price is EUR 13.00 per Medion share in cash. The offer is subject to the conditions and terms as described in the offer document.

The acceptance period for the takeover offer starts today, Tuesday, 28 June 2011, with the publication of the offer document and ends on 1 August 2011, 24.00 hours (local time Frankfurt/Main). 

The publication of the offer document was permitted by Bundesanstalt fьr Finanzdienstleistungsaufsicht (German Federal Financial Supervisory Authority) yesterday.