NORDBORG, Denmark, and AMES, Iowa (March 1, 2013) – Danfoss A/S and Sauer-Danfoss Inc. today announced a definitive merger agreement for Danfoss to acquire the 24.4 percent of Sauer-Danfoss common shares not already owned by Danfoss and its affiliates for $58.50 per share in cash. The $58.50 per share price represents a 48.6 percent premium to the closing price of Sauer-Danfoss shares on Nov.