The Arbitral Tribunal’s decision regarding the redemption price for the minority shares of Larox Corporation
OUTOTEC OYJ PRESS RELEASE AUGUST 13, 2010 AT 4.00 PM
The Arbitral Tribunal’s decision regarding the redemption price for the minority shares of Larox Corporation
The Arbitral Tribunal appointed by the Redemption Committee of the Central Chamber of Commerce of Finland has today in its award confirmed the redemption price for the shares in Larox Corporation (currently Outotec (Filters) Oy) at EUR 10.00 per share. 143,798 shares are subject to redemption and the redemption price for the remaining shares is thus approximately EUR 1.4 million.
The redemption price, together with the interest payable thereon, will be paid to the minority shareholders no later than within one month from the effective date of the arbitral award.
{{ commodity.name }}
{{ post.title }}
{{ post.date }}
Comments