Business & Finance
Clariant LTD squeeze out of Süd-Chemie Minority Shareholders now effective with Commercial Register
MUTTENZ: Süd-Chemie Aktiengesellschaft today informed Clariant LTD that the resolution agreed by the Shareholders General Meeting of Süd-Chemie Aktiengesellschaft (22 November 2011) with regard to squeezing out the Minority Shareholders (§ 327a AktG), yesterday became effective by registration with the Commercial Register.
By registration of the carry-over decision with the Commercial Register, minority shareholders of Süd-Chemie Aktiengesellschaft are ruled out of Süd-Chemie Aktiengesellschaft.
Their shares have been passed by law to the majority shareholder, Clariant LTD, based in Muttenz, Switzerland.
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