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Clariant initiates squeeze-out process for Süd-Chemie


June 24, 2011 - London

Clariant AG /Clariant initiates squeeze-out process for Süd-Chemie. Processed and transmitted by Thomson Reuters ONE.The issuer is solely responsible for the content of this announcement.

Muttenz, 24 June 2011 - Clariant, a world leader in specialty chemicals, announced today
that it has initiated the squeeze-out procedure to acquire all of the remaining shares of
Süd-Chemie AG from minority shareholders according to the German Public Company
Act ("Aktiengesetz" § 327a).

After expiry of the mandatory public offer on June 14, Clariant now owns 11 679 449 shares
of Süd-Chemie AG, corresponding to 98.64% of the share capital.



 

 

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Media contacts
Phone e-mail
Dominik Schneider

 
+41 61 469 5362 dominiks.schneider@clariant.com
Clariant Media Center

 
+41 61 469 6363 media.relations@clariant.com
     
Investor Relations contacts    
Siegfried Schwirzer

 
+41 61 469 6749 siegfried.schwirzer@clariant.com
Ulrich Steiner

 
+41 61 469 6745 ulrich.steiner@clariant.com

www.clariant.com

 

Clariant is an internationally active specialty chemical company based in Muttenz near Basel. The group owns over 100 companies worldwide and employed approx. 16,200 employees as of December 31, 2010. In the financial year 2010, Clariant produced a turnover in excess of CHF 7 billion. Clariant is divided into ten business units: Additives; Detergents & Intermediates; Emulsions; Industrial & Consumer Specialties; Leather Services; Masterbatches;
Oil & Mining Services; Paper Specialties; Pigments; Textile Chemicals.

 

Press Release

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Clariant AG
Rothausstrasse 61 Muttenz 1 Switzerland

ISIN: CH0012142631;




This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients.

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(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the
information contained therein.

Source: Clariant AG via Thomson Reuters ONE

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