Return to overview

voestalpine announces signing of Share Purchase of 20.95 % of Böhler-Uddeholm AG

11 April 2007 | 

Yesterday, April 10, 2007, Share Purchase Agreements were signed with the shareholders of BU Industrieholding GmbH, based on the time schedule and the conditions of the Agreement – in-principle between voestalpine AG and BU Industrieholding GmbH of March 29, 2007. The Share Purchase Agreements cover the purchase by voestalpine AG of 10,686,340 shares in Böhler-Uddeholm AG, corresponding to 20.95 % of Böhler-Uddeholm’s voting stock, at a price of EUR 69 per share.

The dividend for the business year 2006 is for the account of the Sellers. The Share Purchase Agreements are subject to merger related approvals only.