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Semperit Takes Over Malaysian Latexx Partners

Published: October 8, 2012; 11:30 · (Vindobona)

The takeover leads to the next phase of global growth, the Austrian company says. Semperit has secured a 47.3% stake in Latexx Partners from its core shareholders.

Semperit Takes Over Malaysian Latexx Partners / Picture: © Semperit

Semperit AG Holding (“Semperit”) today entered into agreements to acquire a significantstake in Malaysian Latexx Partners Berhad (“Latexx Partners”). In addition, Semperit announces a voluntary conditional cash offer for alloutstanding shares and warrants of Latexx Partners. Assuming a 100% takeover of LatexxPartners, the maximum transaction…

This article includes a total of 760 words.

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