SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of Earliest Event Reported)
April 30, 1997
AUTOLIV, INC
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(Exact Name of Registrant as Specified in its Charter)
Delaware
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(State or Other Jurisdiction of Incorporation)
001-12933 (51-037854)
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(Commission File Number) (IRS Employer Identification No.)
World Trade Center
Klarabergsviadukten 70
S-107 24 Stockholm
Sweden
(Address of principal executive offices)
46 (8) 402 0600
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Registrant's Telephone Number, Including Area Code
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(Former Name or Former Address, if Changed Since Last Report)
Item 2. Acquisition or Disposition of Assets.
and Item 5. Other Events.
On April 30, 1997, Autoliv, Inc. (the "Company") issued a
press release, which is attached hereto as Exhibit 99.1 and is
hereby incorporated by reference.
Item 7. Financial Statements, Pro Forma Financial Information
and Exhibits.
(c) Exhibits.
99.1. Press release, dated April 30, 1997, issued by the
Company.
SIGNATURES
Pursuant to the requirements of the Securities Exchange
Act of 1934, the registrant has duly caused this report to be
signed on its behalf by the undersigned hereunto duly authorized.
Date: April 30, 1997 AUTOLIV, INC.
By: /s/ Joergen Svensson
Joergen Svensson
Secretary
EXHIBIT INDEX
Exhibit
Number Description
99.1. Press release, dated April 30, 1997, issued by the
Company.
EXHIBIT 99.1
[AUTOLIV, INC. LETTERHEAD]
PRESS RELEASE
92.5% OF AUTOLIV'S SHAREHOLDERS HAVE TENDERED THEIR SHARES IN THE
EXCHANGE OFFER
(Stockholm, April 30, 1997) - Autoliv Inc. announced that, during
the original application period, 50,875,223 shares, corresponding
to 92.5% of the Autoliv AB shares, have been tendered in the
Exchange Offer. Settlement, as previously indicated, is to
commence on May 2, 1997. The acceptance period has, as
previously indicated, been extended until May 9, 1997.
Settlement of shares tendered during such extension will take
place on May 14, 1997.
Trading in Autoliv Inc. shares on a "regular way" basis on the
New York Stock Exchange is to commence on May 1, 1997 (Symbol:
ALV). Trading in depositary receipts on the Stockholm Stock
Exchange is to commence on May 2, 1997 (Symbol: ALIV).
Subsequent to the expiration of the extended acceptance period,
Autoliv Inc. intends to initiate a compulsory acquisition process
in order to acquire any remaining shares of Autoliv AB. PAYMENT
FOR THE AUTOLIV SECURITIES SO ACQUIRED WILL BE MADE AFTER A
TRIBUNAL HAS DETERMINED THE PRICE, WHICH DETERMINATION MAY TAKE
UP TO TWO YEARS, AND MAY BE FURTHER DELAYED UNTIL ANY APPEALS
FROM THE DECISION OF THE TRIBUNAL HAVE BEEN FINALLY RESOLVED.
Autoliv Inc. is a leading global supplier of occupant restraint
systems and components including front-impact driver and
passenger airbags, side-impact airbags, seatbelts, sensors and
related products. The company has annual sales of more than $ 3
billion and more than 50 production facilities with 15,000
employees in 25 car producing nations.
For further information, contact:
- Mats oedman, Autoliv AB, Tel +46 (8) 402 0623
______________________________________________________________________
Autoliv AB Morton Automotive Safety Products
Klarabergsviadukten 70, Sec. C 3350 Airport Road,
PO Box 703 81, S-107 24 Ogden, UT 84405
Stockholm, Sweden USA
Tel +46 (8) 402 0600 Tel +1(801)629 9800
Fax +46 (8) 24 44 79 Fax +1(801) 625 4911
