Takeover discussions with Algoma Steel Inc. terminated
Salzgitter (euro adhoc) -
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merger, acquisition and takeover
Salzgitter AG Stahl und Technologie, Salzgitter, announces that the Executive Board has decided on March 13, 2007 not to continue discussions with Algoma Steel Inc., Sault Ste. Marie, Ontario, Canada, in regards to a possible takeover. It was further announced that no binding takeover bid will be issued for the time being. It is intended to continue to investigate potential for an industrial cooperation.
end of announcement euro adhoc 14.03.2007 07:45:00
Further inquiry note:
Bernhard Kleinermann
Tel.: +49 (0) 5341-21-3783
E-Mail: kleinermann.b@salzgitter-ag.de
Branche: Iron & Steel
ISIN: DE0006202005
WKN: 620200
Index: MDAX, CDAX, HDAX, Midcap Market Index, Classic All Share,
Prime All Share
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