euro adhoc: Lenzing AG
Mergers - Acquisitions - Takeovers /
Modified Application to be Filed with Anti-Trust Authority Regarding
Tencel Acquisition
Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
18.02.2005
With its decision of 14 February 2005 the Austrian Supreme Court confirmed the decision of the anti-trust authority of 28 October 2004 which restrained Lenzing from acquiring Tencel.
While the case was pending with the Austrian Supreme Court, Lenzing already reached an agreement with the anti-trust authorities on the conditions and limitations that will address the concerns.
A new application concerning the Tencel acquisition incorporating the quite extensive modifications will be filed in the next few days. Since agreement has been reached on the terms, a swift approval of the merger is expected,
end of announcement euro adhoc 18.02.2005 12:30:06
Further inquiry note:
Angelika Guldt
Branche: Chemicals
ISIN: AT0000644505
WKN: 064450
Index: WBI
Börsen: Berliner Wertpapierbörse / free trade
Baden-Württembergische Wertpapierbörse / free trade
Bayerische Börse / free trade
Wiener Börse AG / official dealing
Original-Content von: Lenzing AG, übermittelt durch news aktuell