Andritz Now Holds 53.5% in Schuler

Businessn.a. ♦ Published: June 1, 2012; 13:51 ♦ (Vindobona)

The Austrian technology group acquires just over another 5% of Schuler AG shares.

Andritz Now Holds 53.5% in Schuler / Picture: © Andritz

International technology Group Andritz announces that it has acquired just over another 5% of the shares in Schuler AG since disclosing its decision to submit a voluntary public takeover offer. Andritz thus holds over 15% of the shares in Schuler AG; together with its previous acquisition of Schuler AG shares still subject to approval by the anti-trust authorities, Andritz now has…