AUSTRIA: INTERNET PLANS BY VOEST-ALPINE STAHL?
Article Abstract:
There are rumours about VA Stahl
Publication Name: Presse
Subject: Business, international
ISSN:
Year: 2000
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AUSTRIA: VA STAHL WORRIED ABOUT LOW SHARE PRICE
Article Abstract:
The Austrian Linz-based steel producer Voest-Alpine Stahl (VA Stahl) is worried about the low share price of the company. The stock exchange values the company at Sch 14bn, while the firm's capital resources amount to Sch 20bn. If the share price does not rise by one third to EUR 40 by the end of 2001, excess capital will be paid as special dividend to shareholders. VA Stahl hopes to increase the value of the company by investments and acquisitions. VA Stahl is also planning to buy back up to 10% of shares and reserve them for employee participation and strategic investors.
Publication Name: Presse
Subject: Business, international
ISSN:
Year: 2000
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POLAND: VA STAHL QUITS PRIVATISATION BID
Article Abstract:
VA Stahl of Linz has confirmed that it has withdrawn from an international consortium that wants to take over the Polish steel mills in Cedler, Florian, Katovice and Sendzimira. The other members of the consortium are Arbed of Luxembourg, Thyssen-Krupp of Germany and Usinor of France. There is speculation about the Austrian company being concerned about Arbed and Usinor, which are to merge, gaining too much weight in the consortium.
Publication Name: Presse
Subject: Business, international
ISSN:
Year: 2001
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