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Road to buying Beiersdorf stake appears smoother

Article Abstract:

Beiersdorf AG's potential bidders can acquire a majority of the firm without having to purchase the share from Tchibo Holding AG. However, Tchibo would still have to be consulted once an acquisition was approved.

Author: Taylor, Edward

Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2003

Tchibo Holding AG

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Beiersdorf weighs buyback of shares

Article Abstract:

Beiersdorf AG is planning to repurchase up to 10% of its shares from Allianz AG. The move is an attempt by Beiersdorf to maintain the company under German control.

Author: Taylor, Edward, Boudette, Neal

Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2003

Acquisitions & mergers, Mergers, acquisitions and divestments, Company acquisition/merger, Insurance industry, Allianz Aktiengesellschaft Holding

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Subjects list: Planning, Germany, Toiletries industry, Company business planning, Beiersdorf AG

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