Business NewsMarketWire • Danfoss A/S Announces Additional Delay in Launch of Tender Offer to Acquire Remaining Public Minority Stake in Sauer-Danfoss Inc.

Danfoss A/S Announces Additional Delay in Launch of Tender Offer to Acquire Remaining Public Minority Stake in Sauer-Danfoss Inc.

Danfoss A/S Announces Additional Delay in Launch of Tender Offer to Acquire Remaining Public Minority Stake in Sauer-Danfoss Inc.

NEW YORK, NY--(Marketwire - January 15, 2010) - Danfoss A/S ("Danfoss") announced on December 22, 2009, its intention to commence a cash tender offer (the "Offer") for all shares held by the public minority shareholders of Sauer-Danfoss Inc. ("Sauer-Danfoss") (NYSE: SHS) at $10.10 per share in cash, without interest and less any required withholding tax. The stake of approximately 24.3% not owned by Danfoss and its subsidiaries would be valued at approximately $118,750,000 at the $10.10 per share offer price.

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Danfoss A/S Announces Additional Delay in Launch of Tender Offer to Acquire Remaining Public Minority Stake in Sauer-Danfoss Inc.