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AMAG Appreciates Changes in Shareholder Structure

Business › n.a. ♦ Published: March 19, 2012; 17:55 ♦ (Vindobona)

With B&C Industrieholding, the Austrian aluminum producer got a new major shareholder. RLB Upper Austria widens its share up to 16.44%.

AMAG Appreciates Changes in Shareholder Structure / Picture: © Vindobona.org

One Equity Partners, JPMorgan´s buyout subsidiary, sold its remaining stake in AMAG Austria Metall AG (AMAG) to B&C Industrieholding GmbH and Raiffeisenlandesbank Upper Austria last week.

B&C, which already owns shares in Lenzing AG, Semperit AG and Allgemeine Baugesellschaft Porr AG, agreed to buy a 29.9 percent stake in the Austrian aluminum maker, while RLB Upper…

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