American Superconductor Corporation and The Switch agree on extension of completion of sale
(Thomson Reuters ONE) -
Vacon Plc, Stock Exchange Release, 14 June 2011 at 9.30 am
Vacon Plc and the other shareholders in The Switch Engineering Oy signed a
definitive agreement on 12 March 2011 to transfer all of their shares in The
Switch Engineering Oy to American Superconductor Corporation.
On 7 June 2011, American Superconductor Corporation and The Switch Engineering
Oy shareholders agreed on the extension of the completion of the sale until 30
June 2011.
Vacon Plc
Further information:
* Vesa Laisi, President and CEO, Vacon Plc, tel. +358 40 8371 510, email
vesa.laisi(at)vacon.com
* Sebastian Linko, Director, Corporate Communications and Investor Relations,
Vacon Plc, tel. +358 40 8371 634, email sebastian.linko(at)vacon.com
Vacon in brief:
Vacon is driven by a passion to design, manufacture and sell only the best AC
drives on the planet - and nothing else. AC drives can be used to control
electric motors or to help generate power from renewable sources. Vacon has R&D
and production units in Finland, the United States, China and Italy, and sales
offices in 27 countries. In 2010, Vacon had revenues of EUR 338 million and
globally employed 1,300 people. Vacon's shares (VAC1V) are listed and publicly
traded on the Helsinki Stock Exchange.
Driven by Drives, www.vacon.com
Distribution:
NASDAQ OMX Helsinki
Financial Supervisory Authority
Main Media
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: Vacon Oyj via Thomson Reuters ONE
[HUG#1523146]
Unternehmensinformation / Kurzprofil:
Datum: 14.06.2011 - 08:30 Uhr
Sprache: Deutsch
News-ID 55522
Anzahl Zeichen: 2143
contact information:
Town:
Vaasa
Kategorie:
Business News
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"American Superconductor Corporation and The Switch agree on extension of completion of sale"
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Vacon Oyj (Nachricht senden)
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