Quadrant / Aquamit: Takeover Almost Complete
Aquamit B.V., Amsterdam, Netherlands, has gone a step further in its takeover of Quadrant AG, Zurich, Switzerland. During the extension to the voluntary takeover bid, which expired on August 26, public shareholders offered Aquamit a further 924,988 shares in Quadrant AG. Taking into account its own Quadrant shares and those it has been offered before, Aquamit now holds a total of 2,620,758 shares. That corresponds to a shareholding of 95.29 % of the share capital and the votes in Quadrant AG. The completion date for shares offered during the extension will probably be September 9.
Aquamit B.V. is a 50/50 joint venture between Mitsubishi Plastics Inc., Tokyo, Japan, and a Swiss group comprising the founders and supervisory board members of Quadrant.
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