EANS-News: Unternehmens Invest AG
Successful closing of Austria Email AG sale;
UIAG focuses on automotive industry
Wels (euro adhoc) -
Corporate news transmitted by euro adhoc. The issuer/originator is solely responsible for the content of this announcement.
Strategic management decisions
Wels, 15 April 2010 Successful sale of Austria Email AG shareholding
On 17 February 2010 Buy-Out Central Europe II Beteiligungs-Invest AG (BOCE) acquired 63.41% of the shares of Austria Email AG from Unternehmens Invest AG. The transaction, which was subject to the clearance by the cartel authority, was closed today, enabling UIAG to obtain a reflow of funds in the amount of approximately EUR 20.9 million.
UIAG focuses on automotive industry General agreement on participation of planned capital increase of CROSS Industries AG
In future UIAG will focus on the consolidation of companies from the automotive industry. Shareholdings in such companies of UIAG´s future core area will exclusively be financed from equity capital. UIAG´s next step will be the participation in the planned capital increase of CROSS Industries AG. In the conduct of joint projects UIAG will revert to the management capacity and industrial know-how of CROSS Industries AG
end of announcement euro adhoc
Further inquiry note:
UIAG Management Board
DI Stefan Pierer
Edisonstrasse 1, A-4600 Wels
Tel: +43-7242-69402
E-Mail: office@uiag.at
Branche: Financial & Business Services
ISIN: AT0000816301
WKN: 882788
Index: WBI, mid market
Börsen: Wien / Regulated free trade