Frankfurt (ots) - * Capital increase with net proceeds of around ¤100 million for further improvement of capital structure and generating additional headroom for growth * Around 50 per cent free float after IPO * First day of trading before summer break Klöckner & Co AG management will present the company during a roadshow to national and international investors, which will start on June ...
Duisburg (ots) - The steel and metal distribution company, Klöckner & Co AG, is aiming for a listing on the Prime Standard of the Frankfurt Stock Exchange before the summer break. This will be subject to a favourable capital market environment. "We have thoroughly examined this step. A direct access to the capital market opens up additional flexibility for the future development of our company", said the Chairman of ...
Möglingen (ots) - - Significant expansion in product business - Moderate increase in Group costs - Earnings growth exceeds sales growth - Continued solid balance sheet structure - Management Board confirms forecasts USU Software AG and its subsidiaries (referred to below as: "USU Group" or "USU") increased its year-on-year Group sales by EUR 890 k (18.5%) to EUR 5,694 k (PY: EUR 4,804 k) in the ...
Ludwigshafen, Germany (ots) - BASF Aktiengesellschaft (Frankfurt: BAS, NYSE: BF [ADR], LSE: BFA, SWX: AN), the world's leading chemical company, today announced that it is commencing a cash tender offer for all of the outstanding shares of common stock of Engelhard Corporation (NYSE: EC) for US$37.00 net per share. BASF's price represents a 23% premium above the December 20, 2005 closing price of Engelhard's ...
Ludwigshafen, Germany (ots) - * BASF Intends To Offer US$37.00 Per Share For a Total of US$4.9 Billion * Acquisition Would Make BASF a Leading Provider in the Global Catalyst Business BASF Aktiengesellschaft (Frankfurt: BAS, NYSE: BF [ADR], LSE: BFA, SWX: AN), the world's leading chemical company, has made an all-cash proposal to acquire all outstanding shares of common stock of Engelhard ...
Frankfurt, Hamburg (ots) - In relation to the Initial Public Offering of Thielert Aktiengesellschaft (ISIN DE0006052079 / security ID number: 605 207), Dresdner Kleinwort Wasserstein has - on behalf of the syndicate banks Cazenove as Joint Bookrunner and Landesbank Baden-Württemberg as Co-Manager - due to the high demand successfully exercised the green shoe option amounting to just under 960,000 shares from existing ...
Dublin, Ireland, November 21 (ots/PRNewswire) - - New hope for HIV/AIDS patients: APTIVUS(R) outperforms several commonly prescribed drugs in the protease inhibitor (PI) class DUBLIN, Ireland, November 21 /PRNewswire/ -- - Experts Emphasize Need for Effective Therapy in Response to Increased Prevalence of HIV/AIDS throughout Europe At the 10th European AIDS Clinical Society (EACS) conference, experts ...
Dublin, Ireland, November 21 (ots/PRNewswire) - - Additional Data Provide Further Guidance on Maximizing Treatment Response with APTIVUS(R) New data presented at the 10th European AIDS Conference (EACS) in Dublin demonstrate that through 48 weeks, APTIVUS(R) (tipranavir) provides a convincing and durable benefit, achieving and maintaining a superior treatment response in patients with resistant HIV.(1) ...
Möglingen, Germany (ots) - - Positive consolidated result - Sales higher than expectations - Cost basis reduced considerably In the 2004 financial year, USU Software AG (ISIN DE000A0BVU28) generated a positive consolidated result of TEUR 262 (PY: TEUR 6,870).* At TEUR 18,686, sales were down on the previous year's figure of TEUR 19,059. However, they were slightly higher than expectations. The low ...
INGELHEIM, Germany,, February 28 (ots/PRNewswire) - - Tipranavir/r More Effective Than Lopinavir/r in Large-Scale Studies of Treatment-Experienced HIV-Positive Patients New data from multiple analyses presented last week at the 12th Conference on Retroviruses and Opportunistic Infections support the efficacy of the investigational non-peptidic protease ...
Ludwigshafen (ots) - - Further strong increase in sales and EBIT before special items - Sales prices increased to reflect higher raw materials costs - Risks due to high raw materials prices - Outlook for full year 2004: - Significant increase in sales and EBIT before special items - Premium will be earned on cost of capital BASF continued on its successful course in the third quarter of 2004 and again posted excellent ...
Moeglingen (ots) - - Sales and earnings in line with forecasts - Cost-cutting measures take effect - Further rise in equity ratio - Liquidity base remains sound - Special distribution expected in Q1 2005 - Company aiming for further profitability growth In the fist six months of the current financial year, USU Software AG generated consolidated net income of TEUR 208. In ...
SAN FRANCISCO (ots) - (BW)(CA-SALESFORCE.COM)(CRM) Salesforce.com Announces Initial Public Offering; Shares to Trade on the New York Stock Exchange Under Ticker Symbol ''CRM'' Business Editors/High-Tech Writers Salesforce.com, inc. (NYSE:CRM) today announced the initial public offering of 10,000,000 shares of its common stock at a price of $11.00 per share. Salesforce.com has ...
Ludwigshafen, Germany (ots) - - Volume growth in all segments - Chemicals activities improve significantly - Cash flow increases further - High raw materials have negative impact - Outlook for full year 2004: Higher EBIT before special items expected BASF again showed that it can maintain a good course, even in stormy economic weather. "We perform consistently thanks to our ...
Möglingen (ots) - - Sales development within expectations - Non-recurring effect through goodwill amortisation - Significant reduction of net loss of the year - Cash and capital investments at EUR 47.8 million - Positive result scheduled for the 2004 financial year USU Software AG achieved consolidated sales of EUR 19.1 million (PY: EUR 19.5 million, pro forma* PY: EUR 24.0 million) in the ...
Ludwigshafen (ots) - - Sales rise substantially in 2003 despite negative currency effects - EBIT before special items higher than in previous year - Fourth quarter substantially better than expected - Cash flow at record level - Agricultural Products & Nutrition increases sales and earnings BASF's figures for 2003 clearly show that the tremendous hard work by the company's ...
Vienna (ots) - Kommunalkredit Austria, the specialist bank for public finance, has become the first bank in Austria to receive a Moody's triple A rating for its bonds. Kommunalkredit's Managing Director Dr. Reinhard Platzer said: "We attribute this Aaa rating to a number of structural measures which have given us a new instrument for the international capital market and to our excellent positioning in the market." Kommunalkredit Covered Bonds are secured with a cover ...
