euro adhoc: Eybl International AG
Strategic management decisions
Eybl
confirms talks
Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
11.12.2008
EYBL International AG (ISIN: AT0000908157) has confirmed it has been conducting talks about cooperation, collaboration and a possible takeover with companies in its sector.
In particular, talks have been held with the firm of Prevent aiming at sounding out potentials and opportunities for collaboration in a tough market environment.
The objective is an expeditious process of exchanging views in regard to opportunities and risks as well as the structure of possible cooperation, taking potential synergies between the companies into account.
Eybl International has already contacted the Corporate Takeover Commission to ascertain whether there are corporate restructuring privileges available under sec 15, par 1, numeral 2 of the Corporate Takeover Act. If the prerequisites are there the new majority shareholder would be exempted from the statutory obligation to make an offer to the free float constituency of its shareholders, something that could facilitate corporate restructuring.
About Eybl International Eybl International, a company specialising in textile production, fabrication and components for automotive interiors operates internationally at eight production sites in Austria, Hungary, Romania, Germany and Slovakia as well as at four distribution sites in Germany, France, Spain and Britain alongside of its corporate headquarters in Krems in Upper Austria and is recognised as a competent, reliable and innovative partner to the automotive sector.
Eybl International AG, traded publicly on the Vienna Stock Exchange, has for decades been a specialist in the automotive sector for complete textile furnishing of interiors made from cloth and leather. From product development and design up through production, Eybl International produces qualitatively upscale textiles and interior parts with the latest technologies for passenger cars as well as for lorries and busses and even for customers in the non-automotive sector (rail and air).
end of announcement euro adhoc
Further inquiry note:
Eybl International AG
Investor Relations
Robert Gabriel
Tel.: +43 (0) 2732 881-300
Fax: +43 (0) 2732 881-79
mailto:robert.gabriel@eybl-international.com
Branche: Speciality stores
ISIN: AT0000908157
WKN: 914117
Index: WBI, Standard Market Auction
Börsen: Wiener Börse AG / official market