B&C Sells 29.9% of Lenzing AG

Business › n.a. ♦ Published: March 17, 2011; 07:30 ♦ (Vindobona)

The initial step for the IPO of the Austrian pulp manufacturer Lenzing AG already has taken place.

B&C Sells 29.9% of Lenzing AG / Picture: © Lenzing

Lenzing Aktiengesellschaft was informed by B & C Industrieholding GmbH, B & C Kappa GmbH and B & C IOTA GmbH & Co KG making reference to section 91 of the Stock Exchange Act („BörseG“) as follows:  On the basis of internal restructuring measures and according to the Splitting and Acquisition Agreement dated March 02, 2011, B & C Industrieholding GmbH…

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