AMAG: € 170m Special Dividend before IPO

Businessn.a. ♦ Published: March 15, 2011; 00:00 ♦ (Vindobona)

The owner of the Austrian metal company will sell 60% to 80% of the shares. Moreover, a capital increase is planned.

AMAG: € 170m Special Dividend before IPO / Picture: © Vindobona.org

The aluminium company will go public within the next months. The IPO at the Vienna Stock Exchange is due to the sale of 60 to 80% of AMAG´s shares. The owner, Constantia Packaging, which is held by One Equity Partners, will sell the major part of AMAG after a payout of an extraordinary dividend. The dividend amounts to € 170m.

What is more, a capital increase of € 100m is…