CORRECT: Lufthansa To Hold 95.4% Of Austrian Airlines Shares
10 September 2009 - 10:43PM
Dow Jones News
Air carrier Deutsche Lufthansa AG (LHA.XE) said Thursday it will
hold 95.4% of shares in Austrian Airlines AG (AUA.VI) once
transactions arising from its extended acceptance period have been
concluded.
MAIN FACTS:
-Takeover offer to free-float shareholders expired Sept. 9.
-Further free-float shareholders representing about 8.9% of
Austrian Airlines’ share capital have now accepted the public
takeover bid made by Lufthansa.
-Upon completion of these further transactions, Lufthansa will
indirectly hold 95.4% of Austrian Airlines shares (excluding those
shares held by Austrian Airlines itself).
-Payment of the takeover price of EUR4.49 per Austrian Airlines
share offered for sale during the extended grace period will be
made by Sept. 23 at the latest.
-Frankfurt Bureau, Dow Jones Newswires; 49-69-29725-500