Accenture Holding GmbH & Co. KG made a Public Delisting Offer to acquire remaining 31.3% stake in SinnerSchrader Aktiengesellschaft from the shareholders for €48.5 million in cash on May 28, 2019. The Bundesanstalt für Finanzdienstleistungsaufsicht informed the Accenture Holding GmbH & Co. KG on June 4, 2019 that the minimum offer price amounts to €12.79. However, the Accenture Holding GmbH & Co. KG has decided insofar slightly deviating from the announcement dated May 28, 2019 to base the Delisting Offer on a rounded amount. The offer price will therefore amount to €12.8. As of July 12, 2019, the offer price is increased to €13.4. As of July 12, 2019, Accenture Holding GmbH & Co. KG holds 80.5% stake in SinnerSchrader Aktiengesellschaft. The acquisition of the SinnerSchrader-Shares under the offer will be completely financed out of Accenture Group’s existing cash balance. The transaction is subject to approval from Bundesanstalt für Finanzdienstleistungsaufsicht. The offer has been approved by Bundesanstalt für Finanzdienstleistungsaufsicht. The Management Board and the Supervisory Board therefore recommend the SinnerSchrader Shareholders, the Accept employment offer. Acceptance period for the offer is from June 27, 2019 to July 25, 2019. Accenture Holding GmbH & Co. KG cancelled the acquisition of remaining 31.3% stake in SinnerSchrader Aktiengesellschaft from the shareholders on May 28, 2020.