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Austria: Fries to become major shareholder at Bohler

Article Abstract:

Claus Raidl, director of the board of stainless steel manufacturer Bohler-Uddeholm, indicated that the investment group around solicitor Rudolf Fries has plans to become the major shareholder of the manufacturer, saying that Fries could outvote OIAG at the next shareholders meeting 2002. The Fries investment group currently holds 23% of the shares, 2% less than the present major shareholder OIAG, the Austrian state holding company.

Publisher: Unabhaengige Tageszeitungs fuer Oesterreich
Publication Name: Presse
Subject: Business, international
ISSN:
Year: 2001
Stockholder data, Bohler-Uddeholm AG

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AUSTRIA: BIDDERS FOR BOHLER-UDDEHOLM?

Article Abstract:

Although OIAG director Johannes Ditz says that the Austrian state holding company is not planning to sell Bohler-Uddeholm, the current affairs magazine Format reports that CVC Capital Partners of the UK and a big foreign bank are interested in taking over the Austrian-Swedish steel maker. CVC is said to be offering about EUR 618mn. OIAG holds 25% of Bohler-Uddeholm's stock.

Publisher: Unabhaengige Tageszeitungs fuer Oesterreich
Publication Name: Presse
Subject: Business, international
ISSN:
Year: 2001
Asset sales & divestitures, Sweden, Steel industry, CVC Capital Partners

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Austria: Voest-Alpine investing in rails

Article Abstract:

Voest-Alpine Schienen GmbH & Co KG is raising the production of long rails at its plant in Donawitz from 140,000 tpy to 200,000 tpy in order to meet demand. The investment amounts to Sch 180mn.

Publisher: Unabhaengige Tageszeitungs fuer Oesterreich
Publication Name: Presse
Subject: Business, international
ISSN:
Year: 2001
Capital expenditures, Blast Furnaces & Steel Mills, Voest-Alpine Schienen GmbH

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Subjects list: Austria, Stainless steel
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