Muttenz, 24 June 2011 - Clariant, a world leader in specialty chemicals, announced today
that it has initiated the squeeze-out procedure to acquire all of the remaining shares of
Süd-Chemie AG from minority shareholders according to the German Public Company
Act ("Aktiengesetz" § 327a).
After expiry of the mandatory public offer on June 14, Clariant now owns 11 679 449 shares
of Süd-Chemie AG, corresponding to 98.64% of the share capital.
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Media contacts | Phone | |
| Dominik Schneider | +41 61 469 5362 | dominiks.schneider@clariant.com |
| Clariant Media Center | +41 61 469 6363 | media.relations@clariant.com |
| Investor Relations contacts | ||
| Siegfried Schwirzer | +41 61 469 6749 | siegfried.schwirzer@clariant.com |
| Ulrich Steiner | +41 61 469 6745 | ulrich.steiner@clariant.com |
Clariant is an internationally active specialty chemical company based in Muttenz near Basel. The group owns over 100 companies worldwide and employed approx. 16,200 employees as of December 31, 2010. In the financial year 2010, Clariant produced a turnover in excess of CHF 7 billion. Clariant is divided into ten business units: Additives; Detergents & Intermediates; Emulsions; Industrial & Consumer Specialties; Leather Services; Masterbatches;
Oil & Mining Services; Paper Specialties; Pigments; Textile Chemicals.