Happy politicans: VÖEST Alpine buys Böhler-Uddeholm
March 30th, 2007 in Austrian Business
The domestic steel combine from Linz buys the Styrian Böhler-Uddeholm, and Austrian politicans from all different parties are very happy about that.
Socialdemocratic leader Gusenbauer: “A day with great joy”. Peoples Party leader Molterer: “very interesting”. Commerce chamber chairman Leitl: “a win-win situation”.
VÖEST Alpine aspires 50 percent plus one share. Shareholders will receive a cash-offer of 69 EUR. VÖEST Alpine don’t want to make a “dramatic capital increase”.
If the steel combine receives all permissions, the deal should be finnish around the 20th May.

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