Salzgitter AG

Salzgitter AG confirms discussions with Algoma Steel Inc.

@@start.t1@@--------------------------------------------------------------------------------   ots.CorporateNews transmitted by euro adhoc. The issuer is responsible for   the content of this announcement. --------------------------------------------------------------------------------@@end@@

Salzgitter (euro adhoc) - Salzgitter AG today confirmed that it is in discussions with Algoma Steel Inc. in Sault Ste. Marie, Ontario, regarding the possible acquisition of the Canadian steel producer. The discussions are at a very preliminary stage. There can be no assurance that an acquisition will take place. Furthermore there is no agreement as to the price at which an acquisition would be made if it does take place.

@@start.t2@@end of announcement                                                 euro adhoc 15.02.2007 19:47:24
--------------------------------------------------------------------------------@@end@@

ots Originaltext: Salzgitter AG
Im Internet recherchierbar: http://www.presseportal.ch

Further inquiry note:
Bernhard Kleinermann
Tel.: +49 (0) 5341-21-3783
E-Mail: kleinermann.b@salzgitter-ag.de

Branche: Iron & Steel
ISIN:      DE0006202005
WKN:        620200
Index:    MDAX, CDAX, HDAX, Midcap Market Index, Classic All Share,
              Prime All Share
Börsen:  Frankfurter Wertpapierbörse / official dealing/prime standard
              Börse Berlin-Bremen / free trade
              Hamburger Wertpapierbörse / free trade
              Baden-Württembergische Wertpapierbörse / free trade
              Börse Düsseldorf / free trade
              Bayerische Börse / free trade
              Niedersächsische Börse zu Hannover / official dealing



Weitere Meldungen: Salzgitter AG

Das könnte Sie auch interessieren: