A-Tec: Supervisory Board Postpones Decision to September

Published: August 26, 2011; 12:26 · (Vindobona)

A decision on the sale of the insolvent conglomerate will not be taken before 2 September. Penta Investments is irritated by the offer of a competing bidder.

A-Tec: Supervisory Board Postpones Decision to September / Picture: © Reuters

The shareholders of A-Tec Industries will likely be disappointed at their meeting on 31 August. Other than initially planned, the supervisory board has not taken a decision on the sale to an investor in its meeting of Wednesday. The university professor who was commissioned to support the supervisory board with an analysis of the offers did not give a clear direction. The board was…

This article includes a total of 192 words.

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