Clariant Reduces Stake in Stahl
03 January 2019 - 5:00PM
Clariant AG / Clariant Reduces Stake in Stahl . Processed and
transmitted by West Corporation. The issuer is solely responsible
for the content of this announcement.
Muttenz, January 3, 2019 - Clariant, a world
leader in specialty chemicals, today announced that it reduced its
stake in the Netherlands-based Stahl group by 25 % from
19.7 % to 14.8 %. Clariant will remain invested in the
company as a financial investor.
Stahl is a producer of high-quality chemicals,
dyes, and coatings for leather and other applications and has about
2 000 employees. In 2014 Clariant sold its Leather Service
business to the Stahl group for a cash consideration and a 24 %
stake in the acquiring group.
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Source: Clariant AG via Globenewswire
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Clariant AG
Rothausstrasse 61 Muttenz 1 Switzerland
ISIN: CH0012142631;
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