Clariant initiates squeeze-out process for Süd-Chemie

Clariant initiates squeeze-out process for Süd-Chemie

ID: 55834

(Thomson Reuters ONE) -
Clariant AG /
Clariant initiates squeeze-out process for Süd-Chemie
. Processed and transmitted by Thomson Reuters ONE.
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]


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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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