euro adhoc: voestalpine AG
Mergers - Acquisitions - Takeovers /
Böhler-Uddeholm AG; 90% voting threshold passed
Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
C.E.O. Interviews
25.03.2008
Due to further share acquisitions, on 20 March 2008, voestalpine AG´s holding in Böhler-Uddeholm AG passed the 90% threshold. voestalpine now holds 90.24% of the voting rights in Böhler-Uddeholm AG. The Group refers to today´s announcement by Böhler-Uddeholm AG in this regard.
voestalpine AG announces, that - subject to approval by the Supervisory Board - it will now initiate the steps necessary to perform a squeeze-out procedure according to the Austrian Minority Shareholders Squeeze Out Act in order to buy out the remaining shareholders in Böhler-Uddeholm AG. It is planned to adopt a resolution to this effect at Böhler-Uddeholm AG´s Annual General Meeting on 23 June 2008. No predictions can be made at this time as to the amount of cash settlement payments to be made to minority shareholders; the amount will be set and made public according to the Minority Shareholders Squeeze Out Act.
Further details as to the publication is available on www.voestalpine.com or please contact the Investor Relations Team of voestalpine AG under +43/50304/15-9949 for any further details.
end of announcement euro adhoc
Further inquiry note:
DI Peter Fleischer
Head of Investor Relations
Tel.: +43/50304/15-9949
Fax: +43/50304/55-5581
mailto:peter.fleischer@voestalpine.com
http://www.voestalpine.com
Branche: Metal Goods & Engineering
ISIN: AT0000937503
WKN: 897200
Index: WBI, ATX Prime, ATX
Börsen: Wiener Börse AG / official market