Andritz Acquires Further 10% of Schuler AG Shares

Businessn.a. ♦ Published: May 31, 2012; 13:42 ♦ (Vindobona)

The Austrian technology group now has access to 48.5% of the total shares.

Andritz Acquires Further 10% of Schuler AG Shares / Picture: © Andritz

International technology Group Andritz announces that it has acquired more than 10% of the shares in Schuler AG since disclosing its decision to submit a voluntary public takeover offer. Andritz thus holds over 10% of the shares in Schuler AG; together with its previous acquisition of Schuler AG shares still subject to approval by the anti-trust authorities, Andritz now has access to…