ots Ad hoc-Service: Lenzing AG <AT0000644505> Lenzing AG
15.02.2001 – 10:47
Vienna (ots Ad hoc-Service) -
Ad hoc-announcement edited and sent by DGAP. The sender is solely responsible for the contents of this announcement.
Bank Austria AG has informed the Managing Board of Lenzing AG that the Bank Austria Group has sold the shares of Lenzing AG to "Zellulosefaser Beteiligungsgesellschaft m.b.H.", an Austrian company and member of the CVC Group, at a price of EUR 90 per share. The purchase is subject to the condition of the required cartel-law approvals. The Managing Board and Supervisory Board of Lenzing AG will comment in detail on the matter in the course of the imminent take-over procedure.
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Original content of: Lenzing AG, transmitted by news aktuell