ALTANA Boards Recommend Acceptance of SKion Offer
December 2, 2008
WESEL, Germany - The Management Board and Supervisory Board of ALTANA AG has announced that it supports the offer of SKion GmbH to acquire further shares of the company for a price of EUR 13.00 per share and recommend that shareholders accept the offer. Both bodies of the company have examined the offer thoroughly and have evaluated the consideration as appropriate. The Management and Supervisory Boards are of the opinion that the offer is in the interests of ALTANA, including the company's employees and its shareholders.
ALTANA's shareholders will decide whether to accept the offer by Dec. 19, 2008.
Susanne Klatten is the sole shareholder of SKion GmbH and is also acting as Vice Chairwoman of the Supervisory Board of ALTANA AG.