Celanese Deutschland Holding GmbH
Celanese Board approves transfer of Celanese Americas Corporation to BCP
Ad-hoc-announcement transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
——————————————————————————–
Celanese Board approves transfer of Celanese Americas Corporation to BCP
Kronberg, Germany – (CZZ: FSE): Celanese AG’s Board of Management has approved
the divestment of Celanese Americas Corporation (CAC) to BCP Crystal
Acquisition GmbH & Co. KG (BCP). CAC is the holding company for the company’s
business operations in North America. The transfer of the company to BCP is
still pending approval by the Celanese AG Supervisory Board. CAC will be
divested at a value of approx. EUR290 million, which reflects the result of a
valuation of CAC by the Accounting Firm Ernst & Young. Ernst & Young had been
retained by Celanese AG for a valuation of CAC in the course of the
preparation of the Annual Accounts as of September 30, 2004 by Celanese AG.
In divesting CAC, the Celanese AG Board of Management is acting upon
instructions from BCP under the domination and profit and loss transfer
agreement between Celanese AG and BCP. This agreement went into effect on
October 1, 2004.
end of ad-hoc-announcement (c)DGAP 04.10.2004
——————————————————————————–
WKN: 575300; ISIN: DE0005753008; Index:
Listed: Amtlicher Markt in Frankfurt (General Standard); Freiverkehr in Berlin-
Bremen, Düsseldorf, Hamburg, München und Stuttgart
040759 Okt 04
Aktuelle News
Aktuelle Berichte
Anstehende Events
Keine Events gefunden
Webcasts
Keine Webcasts gefunden