You might also be interested in:

Media-Service EUrVOTE: New theme package - "Digital Change and Innovation"

Brüssel (ots) - What advantages does the internal digital market have to offer to companies in the European ...

Fossil announces The Archival Series / This limited edition series launches alongside a global retrospective: The (R)Evolution of the Fossil Watch

Basel, Switzerland (ots) - What's old is definitely new again. Fossil has long stood for the optimism and ...

DNV GL rolls out remote surveys for all vessels

Høvik, Norway (ots) - Leading classification society DNV GL announced today that all DNV GL classed vessels are ...

All Releases
Subscribe to Lenzing AG

18.02.2005 – 13:04

Lenzing AG

euro adhoc: Lenzing AG
Mergers - Acquisitions - Takeovers / Modified Application to be Filed with Anti-Trust Authority Regarding Tencel Acquisition

---------------------------------------------------------------------   Disclosure announcement transmitted by euro adhoc.   The issuer is responsible for the content of this announcement. ---------------------------------------------------------------------


With its decision of 14 February 2005 the Austrian Supreme Court confirmed the decision of the anti-trust authority of 28 October 2004 which restrained Lenzing from acquiring Tencel.

While the case was pending with the Austrian Supreme Court, Lenzing already reached an agreement with the anti-trust authorities on the conditions and limitations that will address the concerns.

A new application concerning the Tencel acquisition incorporating the quite extensive modifications will be filed in the next few days. Since agreement has been reached on the terms, a swift approval of the merger is expected,

end of announcement                                euro adhoc 18.02.2005 12:30:06

Further inquiry note: Angelika Guldt

Branche: Chemicals
ISIN:      AT0000644505
WKN:        064450
Index:    WBI
Börsen:  Berliner Wertpapierbörse / free trade
              Baden-Württembergische Wertpapierbörse / free trade
              Bayerische Börse / free trade
              Wiener Börse AG / official dealing

Original content of: Lenzing AG, transmitted by news aktuell

All Releases
Subscribe to Lenzing AG
  • Printable version
  • PDF version

Topics in this relase