* Offers 20 euros per share, a 26 percent premium * Buys 38.5 percent stake at 20 euros * Schuler shares up 26.5 percent to 20.03 euros (Adds quotes and background, updates share price) VIENNA/FRANKFURT, May 29 (Reuters) - Austrian engineer Andritz has offered 20 euros per share for German peer Schuler and said it had bought a 38.5 percent stake at that price, in a deal that would see it expand in emerging markets in Asia and South America. The offer price, a 26 percent premium over ...
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