Clariant initiates squeeze-out process for Süd-Chemie
(Thomson Reuters ONE) -
Clariant AG /
Clariant initiates squeeze-out process for Süd-Chemie
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The issuer is solely responsible for the content of this announcement.
Muttenz, 24 June 2011 - Clariant, a world leader in specialty chemicals,
announced today
that it has initiated the squeeze-out procedure to acquire all of the remaining
shares of
Süd-Chemie AG from minority shareholders according to the German Public Company
Act ("Aktiengesetz" § 327a).
After expiry of the mandatory public offer on June 14, Clariant now owns
11 679 449 shares
of Süd-Chemie AG, corresponding to 98.64% of the share capital.
END
Phone e-mail
Media contacts
Dominik Schneider +41 61 469 5362 dominiks.schneider(at)clariant.com
Clariant Media Center +41 61 469 6363 media.relations(at)clariant.com
Investor Relations contacts
Siegfried Schwirzer +41 61 469 6749 siegfried.schwirzer(at)clariant.com
Ulrich Steiner +41 61 469 6745 ulrich.steiner(at)clariant.com
www.clariant.com
Clariant is an internationally active specialty chemical company based in
Muttenz near Basel. The group owns over 100 companies worldwide and employed
approx. 16,200 employees as of December 31, 2010. In the financial year 2010,
Clariant produced a turnover in excess of CHF 7 billion. Clariant is divided
into ten business units: Additives; Detergents & Intermediates; Emulsions;
Industrial & Consumer Specialties; Leather Services; Masterbatches;
Oil & Mining Services; Paper Specialties; Pigments; Textile Chemicals.
--- End of Message ---
Clariant AG
Rothausstrasse 61 Muttenz 1 Switzerland
ISIN: CH0012142631;
Press Release:
http://hugin.info/100166/R/1525699/461360.pdf
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originality of the information contained therein.
Source: Clariant AG via Thomson Reuters ONE
[HUG#1525699]
Unternehmensinformation / Kurzprofil:
Bereitgestellt von Benutzer: hugin
Datum: 24.06.2011 - 07:00 Uhr
Sprache: Deutsch
News-ID 55834
Anzahl Zeichen: 2645
contact information:
Town:
Muttenz 1
Kategorie:
Business News
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