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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.

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…

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

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.

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Sign up to read articles for free and to get personalized updates on the events that interest you.