Capital Increase for Lenzing AG

Businessn.a. ♦ Published: March 9, 2011; 00:00 ♦ (Vindobona)

Lenzing and B & C announce plans for Public Offering of Lenzing shares. € 75m are to be raised.

Capital Increase for Lenzing AG / Picture: © Lenzing

Lenzing AG ("Lenzing") and B & C Group (together with its affiliates "B & C") are announcing the intention to conduct an offer of new and existing shares of Lenzing in a planned "Re-IPO" in Q2 2011.

Lenzing plans to offer new shares from a capital increase of approx. € 75m to existing shareholders by means of a subscription offer and to new shareholders with a view to…