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Cross Industries AG and KTM AG Taken Over

Published: June 14, 2012; 12:59 · (Vindobona)

Pierer GmbH indirectly takes control over Crosss Industries AG and KTM AG Syndicate agreement between Knünz GmbH and Pierer GmbH triggers obligation of Cross KraftFahrZeug Holding GmbH to make a mandatory bid .

Cross Industries AG and KTM AG Taken Over / Picture: © Pierer Industrie AG

The Executive Board of KTM AG, which shares are listed on the Regulated Market (Geregelter Freiverkehr) of the Vienna Stock Exchange, was informed by Cross KraftFahrZeug Holding GmbH that Knünz GmbH and Pierer GmbH entered into a syndicate agreement regarding the exercise of voting rights in Pierer Invest Beteiligungs GmbH on 13 June 2012. The signing of the syndicate agreement leads…

This article includes a total of 359 words.

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