St dtische bernimmt Semperit-Anteile
Article Abstract:
The Creditanstalt bank has sold a just under 20% stake in the rubber products manufacturer Semperit AG Holding to Wiener St dtische . CA retains a blocking minority of 25.1%. For the bank, this is a further step in reducing its industrial holdings. On the other hand Wiener St dtische is increasing investment in stocks. Over the past 6 years the share of stocks of the company's invested assets has risen from virtually nil to 14%. Wiener St dtische director general Siegfried Sellitsch rejected rumours about the insurance company planning to form a bancassurance concern with the Bank Austria/Creditanstalt group.
Comment:
Sells just under 20% stake in rubber products manufacturer Semperit to insurer Wiener St dtische
Publisher: Unabhaengige Tageszeitungs fuer Oesterreich
Publication Name: Presse
Subject: Business, international
ISSN:
Year: 1998
Insurance, Insurance Carriers and Related Activities, Rubber Products, Rubber Product Manufacturing, Semperit AG, Creditanstalt-Bankverein, Wiener Stadtische Wechselseitige Versicherungsanstalt
KTM dementiert bernahme
Article Abstract:
KTM director Stefan Pierer rejects reports according to which Harley Davidson of the US is to acquire the full stock of the Austrian motorbike manufacturer. However, he admits that KTM is in talks with several potential partners, including Harley. The decision of the talks is to be disclosed in September 1998 /in the 4th quarter of 1998 . Mr Pierer continued to emphasise the importance of European cooperation to survive competition from Japanese motorbike makers.
Comment:
Reported interest in acquiring full stock of KTM, Austrian motorbike manufacturer, is rejected by latter
Publisher: Unabhaengige Tageszeitungs fuer Oesterreich
Publication Name: Presse
Subject: Business, international
ISSN:
Year: 1998
Motorcycle, Bicycle, and Parts Manufacturing, Motorcycles & Parts, Motorcycle industry, Harley-Davidson Inc., KTM-Sportmotorcycle AG
US: BOHLER-UDDEHOLM EYEING LATROBE STEEL
Article Abstract:
Bohler-Uddeholm AG is interested in taking over Latrobe Steel of Latrobe, Pennsylvania. The US company has a turnover of about Sch 3bn, which is more than double the turnover of the welding technology joint venture of Bohler-Uddeholm and Thyssen Stahl of Germany.
Publisher: Unabhaengige Tageszeitungs fuer Oesterreich
Publication Name: Presse
Subject: Business, international
ISSN:
Year: 1999
United States, Primary Iron & Steel, Iron and Steel Mills and Ferroalloy Manufacturing, Bohler-Uddeholm AG, Latrobe Steel Co.
Subjects list: Austria, Article
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