Companies

2000-07-10

New shareholder structure at Moenus AG

PRESS RELEASE
Mönchengladbach, 10 July 2000

NEW SHAREHOLDER STRUCTURE AT MOENUS AG

As part of its strategic reorientation, Babcock Borsig AG has sold its textile machinery division. In a

management buy-out, the management board chairman of Moenus AG, Peter Boden (61), has acquired all shares in Moenus AG held by Babcock Borsig AG; as a result he holds an 84.9 interest in Moenus Textilmaschinen AG.End of message by Babcock Borsig AG; as a result he holds an 84.9 interest in Moenus Textilmaschinen AG.End of message
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