FLSmidth cartel penalty on former subsidiary reduced
(Thomson Reuters ONE) -
Company Announcement to the Danish Financial Supervisory Authority No.
13-2012, 6 March 2012
As announced in 2005 (see FLSmidth stock exchange announcement No. 30-2005
issued 1 December 2005) the European Commission then ruled that FLSmidth & Co.
A/S and the subsidiary company FLS Plast A/S were to be held partly liable with
regard to a cartel penalty on a formerly FLSmidth-owned French company then
named Silvallac S.A (later Trioplast Wittenheim).
The General Court (court of first instance) has today reduced FLSmidth & Co.
A/S' and the subsidiary company FLS Plast A/S' partly liability for this
penalty. The liability is reduced from EUR 15,30m to EUR 14,45m.
FLSmidth and its advisers will now study the decision in detail before deciding
on a possible appeal to the European Court of Justice.
--------------------------------
Please address any questions regarding this announcement to Vice President,
Group General
Counsel Johannus Egholm Hansen eller Global Communications Manager Jesper B.
Larsen, FLSmidth & Co. A/S at +45 3618 1800.
For further information about FLSmidth, please visit www.flsmidth.com.
Yours faithfully
Pernille Friis Andersen
Corporate Communications & Investor Relations
Link to PDF version:
http://hugin.info/2106/R/1591574/500246.pdf
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: FLSmidth via Thomson Reuters ONE
[HUG#1591574]
Unternehmensinformation / Kurzprofil:
Datum: 06.03.2012 - 10:16 Uhr
Sprache: Deutsch
News-ID 121933
Anzahl Zeichen: 2097
contact information:
Town:
Valby
Kategorie:
Business News
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