euro adhoc: A-TEC Industries AG
Mergers - Acquisitions - Takeovers
A-TEC
Industries to acquire RTB Bor
Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
07.02.2008
The Serbian Government has just announced that in the privatisation of Serbian state-owned RTB (Rudarsko-topionicarski kombinat Bor) it has accepted the best bid - that by the consortium consisting of A-TEC Minerals and Metals Holding GmbH, A-TEC Industries and Montanwerke Brixlegg. The closing will take place as specified in the terms and conditions of A-TEC Industries´ tender. The purchase price was agreed at USD 466 million, plus investments to the value of USD 180 million.
A-TEC Industries Vienna stock exchange listed A-TEC Industries AG is an international industrial group headquartered in Vienna, with flourishing Drive Technologies, Plant Construction, Mechanical Engineering and Metals Industry divisions. The group currently employs around 13,500 people, and in 2006 posted revenue of EUR 1.6 billion.
end of announcement euro adhoc
Further inquiry note:
Gerald Wechselauer
Head of Investor Relations
A-TEC Industries AG
Wächtergasse 1, A-1010 Vienna, Austria
Tel: +43 (1) 22760 130
Mobile: +43 (0) 664 6104475
Email: gerald.wechselauer@a-tecindustries.com
www.a-tecindustries.com
Branche: Holding companies
ISIN: AT00000ATEC9
WKN:
Index: ATX Prime
Börsen: Wiener Börse AG / Regulated free trade