Brief: Manz Acquires Manz Taiwan

Manz AG

11/11/2020 08:54

Nov 11 (Reuters) - MANZ AG  M5ZG.DE :
    * MANZ AG: JOINT VENTURE PARTNER EXERCISES CALL OPTION TO
ACQUIRE
MANZ AG'S SHARE IN TALUS MANUFACTURING LTD.
    * HAS EXERCISED ITS CONTRACTUAL CALL OPTION TO ACQUIRE MANZ
TAIWAN
LTD.'S 80.5% SHARE IN TALUS MANUFACTURING LTD
    * CONTRIBUTION TO EARNINGS MADE BY TALUS MANUFACTURING LTD.
TOTALED 8.8 MILLION EUROS IN FISCAL YEAR 2019 (PREVIOUS YEAR: -
2.6 MILLION EUROS) AND 9.3 MILLION EUROS IN FIRST NINE MONTHS OF
FISCAL YEAR 2020.
    * JOINT VENTURE PARTNER OF MANZ TAIWAN LTD., A SUBSIDIARY OF
MANZ
AG, HAS EXERCISED ITS CONTRACTUAL CALL OPTION TO ACQUIRE MANZ
TAIWAN LTD.'S 80.5% SHARE IN TALUS MANUFACTURING LTD

Source text for Eikon:  ID:nEQ3t6Z8xa 
Further company coverage:  M5ZG.DE 

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