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ANDRITZ Acquires Just Over Another 5% of Schuler AG Shares - International technology Group ANDRITZ announces that it has acquired just over another 5% of the shares in Schuler AG since disclosing its decision to submit a voluntary public takeover offer - ANDRITZ.com
ANDRITZ Acquires Just Over Another 5% of Schuler AG Shares

 

NewswireToday - /newswire/ - Graz, Austria, 2012/06/01 - International technology Group ANDRITZ announces that it has acquired just over another 5% of the shares in Schuler AG since disclosing its decision to submit a voluntary public takeover offer - ANDRITZ.com. Reuters: ANDR.VI

   
 
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ANDRITZ thus holds over 15% of the shares in Schuler AG; together with its previous acquisition of Schuler AG shares still subject to approval by the anti-trust authorities, ANDRITZ now has access to more than 53.5% of the total shares.

The ANDRITZ GROUP

International technology Group ANDRITZ (andritz.com) is a globally leading supplier of plants, equipment, and services for hydropower stations, the pulp and paper industry, solid/liquid separation in the municipal and industrial sectors, the steel industry, and the production of animal feed and biomass pellets. In addition, ANDRITZ offers technologies for certain other sectors including automation, pumps, machinery for nonwovens and plastic films, steam boiler plants, biomass boilers and gasification plants for energy generation, flue gas cleaning plants, plants for the production of panelboard (MDF), thermal sludge utilization, and torrefaction plants. The publicly listed ANDRITZ GROUP is headquartered in Graz, Austria, and has a staff of more than 17,000 employees worldwide. ANDRITZ operates over 180 production sites as well as service and sales companies all around the world.

 
 
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Written by / Agency / Source: ANDRITZ AG

 
 

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ANDRITZ Acquires Just Over Another 5% of Schuler AG Shares

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ANDRITZ AG |
Publisher Contact: Oliver Pokorny - ANDRITZ.com 
+43(316) 6902 1332 oliver.pokorny[.]andritz.com
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any ANDRITZ AG securities in any jurisdiction including any other companies listed or named in this release.

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