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Wolong Holds 98.8% in ATB Austria
Published: December 13, 2011; 19:49 · (Vindobona)
The Chinese Wolong Group has almost finished its complete takeover of the former A-Tec subsidiary ATB.
Wolong Holds 98.8% in ATB Austria / Picture: © ATB
The stake of Wolong Group in ATB already reaches 98.81%. For shareholders, who have not agreed the offer by Wolong yet, have an additional deadline until March 13. In the first step, Wolong´s offer amounted to € 5.75 per share. This deadline expired by December 7. Bank Austria acted as point of acceptance.
On December 30, an extraordinary shareholder meeting will take place at…
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