Brief: Wacker Intends To Further Reduce Its Stake In Siltronic
BRIEF-Wacker Intends To Further Reduce Its Stake In Siltronic Sept 22 (Reuters) - WACKER CHEMIE AG WCHG.DE:
WACKER INTENDS TO FURTHER REDUCE ITS STAKE IN SILTRONIC
INTENDS, THROUGH AN ACCELERATED BOOKBUILD PROCESS, TO DISPOSE OF APPROXIMATELY 2.2 MILLION SHARES OF SILTRONIC AG
DISPOSAL REPRESENTING APPROXIMATELY 6.7 PERCENT OF SILTRONIC’S CAPITAL STOCK
PRICING AND ALLOCATION ARE EXPECTED TO FOLLOW SHORTLY AFTER THE COMPLETION OF THE BOOKBUILD
THE OFFERING IS ADDRESSED TO QUALIFIED INVESTORS AND TO INTERNATIONAL INSTITUTIONAL INVESTORS ONLY
Further company coverage: WCHG.DE
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