Press releaseeuro adhoc: Mergers - Acquisitions - Takeovers / PALFINGER AG - Company Takeover/aerial working platforms2008-06-20T18:01:18-------------------------------------------------------------------------------- Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement. -------------------------------------------------------------------------------- Company Information 20.06.2008 Ad-hoc R E L E A S E o PALFINGER plans takeover of ELEVANT aerial working platforms unit from WUMAG GmbH Bergheim, Salzburg, 20 June 2008 PALFINGER AG, which is listed on the Vienna Stock Exchange and headquartered in Salzburg, is in the final stages of taking over the ELEVANT aerial working platforms unit of WUMAG GmbH. The contracts have already been negotiated, and the approval of the Supervisory Board of PALFINGER AG and the Advisory Board of WUMAG GmbH has been secured as of today. The antitrust authorities are likely to approve the takeover in summer 2008. Since the final negotiations were successful, the portfolio of PALFINGER AG will be supplemented and revenues increased by approximately 5 percent. end of announcement euro adhoc -------------------------------------------------------------------------------- Further inquiry note: Hannes Roither, PALFINGER AG
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