RHI Magnesita N.V.
RHI AG english
RHI successfully completes sale of Engineering
Ad-hoc-announcement transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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The sale of the RHI Groups engineering activities to Deutsche Beteiligungs AG,
which was announced on June 3, 2002, was successfully completed today following
the approval of the transaction by the competent anti-trust authorities.
With the sale of Engineering, RHI has realized an important step towards the
groups restructuring and concentration on the core business Refractories. The
targets of the business plan, which RHI presented in the context of the capital
restructuring, will not be affected by the sale. Rather, the loss of potential
earnings will be than compensated by positive liquidity and risk effects.
end of ad-hoc-announcement (c)DGAP 27.06.2002
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WKN: 067690; ISIN: AT0000676903; Index: ATX
Listed: Amtlicher Handel in Wien; Amtlicher Handel in Frankfurt, München;
Freiverkehr in Berlin, Hamburg, Stuttgart
271304 Jun 02
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