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A-Tec Sale: Penta Sues

Published: September 20, 2011; 13:28 · (Vindobona)

The Czech-Slovak investment consortium Penta, which made a bid in the A-Tec sale, sues against the award for the competitor Contor Industries.

A-Tec Sale: Penta Sues / Picture: © A-Tec

Penta filed a lawsuit against A-Tec at the commercial court in Vienna. The restructuring plan “did not permit that an undercover agent becomes party of the agreement and thus investor”. A delay or even a collapse of the sale to Contor Industries could be the consequence.

The Czech-Slovak investment group is convinced that the offer of Contor “seriously breaks the rules of…

This article includes a total of 209 words.

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