Brief: Rieter To Acquire Barmag From OC Oerlikon
06/05/2025 07:37
May 6 (Reuters) - Rieter Holding AG RIEN.S: RIETER TO ACQUIRE BARMAG FROM OC OERLIKON TO ACCELERATE ITS GROWTH STRATEGY AND BECOME A MARKET LEADER IN NATURAL AND MANMADE FIBERSAD-HOC ANNOUNCEMENT PURSUANT TO ART. 53 LR RIETER HOLDING AG - TO ACQUIRE BARMAG FROM OC OERLIKON RIETER HOLDING AG - UPFRONT EQUITY PURCHASE PRICE OF CHF 713 MILLION RIETER HOLDING AG - FINANCING IS FULLY SECURED, AND BALANCE SHEET STABILITY WILL BE MAINTAINED RIETER HOLDING AG - PCS HOLDING AG (PETER SPUHLER) REMAINS LARGEST SHAREHOLDER AND PLAYED A STRATEGICALLY IMPORTANT ROLE IN THIS ACQUISITION Source text: ID:nEQR8kh6a Further company coverage: RIEN.S (Gdansk Newsroom) ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))