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BEKO Holding AG plans majority take over on BRAIN FORCE HOLDING AG in accordance with CROSS/UIAG
BEKO Holding AG plans majority take over on BRAIN FORCE HOLDING AG in accordance with CROSS/UIAG
BEKO Holding AG plans majority take over on BRAIN FORCE HOLDING AG in accordance with CROSS/UIAG
26.08.2008

Wels/Vienna: The Supervisory Board of BEKO Holding AG authorized the Management Board in yesterday’s Supervisory Board meeting to enter into negotiations with CROSS Industries AG/Unternehmens Invest AG (“CROSS group”) regarding the take over of approximately 47% of BRAIN FORCE HOLDING AG.
 
Currently CROSS group holds approximately 29% on BEKO Holding AG. The transfer of shares of BRAIN FORCE would make CROSS group major shareholder and therefore cause a tender offer in accordance with Takeover Law for BEKO Holding AG.
 
 
For questions please contact:
 
Mag. Friedrich Roithner
Unternehmens Invest AG
Tel: +43-1-405 97 71-0
E-Mail: office@uiag.at
 
Dipl.-Ing. Stefan Pierer
CROSS Industries AG
Tel +43-1-533 14 33-0
E-Mail: office@amhof4.at
 
Am Hof 4
A-1010 Wien
 
 
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