Companies

Christ Water Technology AG - Remaining minority shareholders to receive €2.10 per share

Published: June 25, 2010; 00:00 · (Vindobona)

The Management Board of CWT and Eimco as principal shareholder of CWT have now jointly fixed the appropriate compensation at €2.10 ($2.6) per CWT share. The appropriateness of this compensation remains to be reviewed by the Supervisory Board of CWT.

Christ Water Technology AG - Remaining minority shareholders to receive €2.10 per share / Picture: © Vindobona.org

As previously made public on 23 February 2010, Eimco Water Technologies GmbH ("Eimco"), an indirect subsidiary of GLV Inc. ("GLV"; Ticker Symbols GLV.A, GLV.B / TSX), as principal shareholder of CHRIST WATER TECHNOLOGY AG ("CWT") has requested pursuant to the Gesellschafter-Ausschlussgesetz that the 9th Annual General Meeting of CWT approve the transfer to Eimco as principal shareholder…

This article includes a total of 201 words.