Pierer Industrie AG acquired 10.1% stake in Pankl Racing Systems AG from Unternehmens Invest AG (WBAG:UIV) for €9.7 million on June 29, 2016. Pierer Industrie AG acquired 3.18 million shares at €30.43 per share. Pierer Industrie AG completed the acquisition of 10.1% stake in Pankl Racing Systems AG from Unternehmens Invest AG (WBAG:UIV) on June 29, 2016.