Clariant announced it has completed the squeeze-out of Süd-Chemie minority shareholders.
MUTTENZ, Switzerland – Clariant announced it has completed the squeeze-out of Süd-Chemie minority shareholders.
The announcement stated, “Süd-Chemie Aktiengesellschaft today informed Clariant LTD that the resolution agreed by the Shareholders General Meeting of Süd-Chemie Aktiengesellschaft, with regard to squeezing out the minority shareholders, yesterday became effective by registration with the Commercial Register.”
The shares owned by minority shareholders have been passed by law to the majority shareholder, Clariant LTD. Clariant began its takeover of Süd-Chemie in February of 2011.
Clariant Completes Squeeze-Out of Süd-Chemie Minority Shareholders
December 1, 2011