SKion GmbH Makes Offer For ALTANA Shares
November 7, 2008
WESEL, Germany - SKion GmbH has made an offer to acquire shares in ALTANA AG. SKion GmbH is currently holding 70.3 million of the 140.4 million shares of ALTANA AG, approximately 50.1 percent of the total share capital. Susanne Klatten is the sole shareholder of SKion GmbH and is also acting as Vice Chairwoman of the Supervisory Board of ALTANA AG.
“Over the past years, Ms. Klatten has accompanied the development of ALTANA AG in an engaged and entrepreneurial way. We regard Ms. Klatten, respectively SKion GmbH, as being an investor having a strong interest in the long-term success of the company,” said Matthias L. Wolfgruber, CEO of ALTANA AG. “We are therefore open to the acquisition offer by SKion GmbH.”
The Management Board and the Supervisory Board of ALTANA AG announced that they will thoroughly examine, and then comment on, the acquisition offer upon publication of the offer document.