Draka Holding N.V.: Merger talks with Prysmian terminated
(Thomson Reuters ONE) - Further to our press release of 29 June 2009, the Board of Managementand the Supervisory Board of Draka Holding N.V. ('Draka') herebyinform that the discussions on a possible combination with PrysmianS.p.A. ('Prysmian'), to be implemented through a share for sharecross-border statutory merger with Prysmian as surviving entity, havebeen terminated.The parties could not reach agreement on the main terms and theconditions of the proposed merger.This is an announcement in accordance with Section 5:59 paragraph 1of the Dutch Financial Supervision Act (Wet op het financieeltoezicht).Amsterdam, 10 September 2009Pdf version of the press releasePdf versie van het persberichtNOTE FOR EDITORS: for more information, please contact:Draka Holding N.V.:Michael Bosman - Director Investor Relations +31 20 568 9805;michael.bosman(at)draka.com+-------------------------------------------------------------------+| 2009 financial calendar (provisional) || ||-------------------------------------------------------------------|| | || Publication of 2009 second-half | Thursday, 12 November || trading update | 2009 || | (before start of trading) || | |+-------------------------------------------------------------------+Company profileDraka Holding N.V. ('Draka') is the holding company of a number ofoperating companies that are active worldwide in the development,production and sale of cable and cable systems. Draka's activitiesare divided into three groups: Energy & Infrastructure, Industry &Specialty and Communications.Within these three groups, the activities are organised intodivisions. Energy & Infrastructure consists of the Europe andAsia-Pacific divisions; Industry & Specialty consists of theAutomotive & Aviation, Elevator Products, Cableteq USA and Industrialdivisions and the Communications Group comprises the TelecomSolutions, Multimedia and Specials, Americas and Optical Fiberdivisions.Draka has 68 operating companies in 30 countries throughout Europe,North and South America, Asia and Australia. Worldwide, the Drakacompanies employ some 9,900 people. Draka Holding N.V.'s head officeis in Amsterdam. In 2008, Draka reported revenue of ? 2.7 billion andnet income of ? 83.5 million (excluding non-recurring items).Draka Holding N.V. ordinary shares and subordinated convertible bondsare listed on NYSE EuronextAmsterdam. The company has been included in the Next150 index since2001 and the AMX index(Amsterdam Midkap index) since 4 March 2008. Options on Draka sharesare also traded onthe NYSE Euronext Amsterdam Derivative Markets.More information on Draka Holding N.V. can be found at www.draka.com.This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.
Datum: 10.09.2009 - 22:21 Uhr
Sprache: Deutsch
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