Atle Completes Sale of Bulten Holdings.Business Editors STOCKHOLM Stockholm (stŏk`hôlm'), city (1995 pop. 692,954), capital of Sweden and of Stockholm co., E Sweden, situated where Lake Mälaren flows into the Baltic Sea. , Sweden--(BUSINESS WIRE)--Nov. 17, 2000 Atle has divested its 5,061,315 shares in Finnveden Finnveden or Finnheden is one of the ancient small lands of Småland. It corresponded to the hundreds of Sunnerbo Hundred, Östbo Hundred and Västbo Hundred. Finnveden had its own judicial system and laws as the other small lands. , equivalent to 39% of the vote and 27% of capital. This sale, which corresponds to Atle's entire holdings in Bulten, will generate a SEK SEK In currencies, this is the abbreviation for the Swedish Krona. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 228 m liquidity injection, and exit gains of SEK 24 m. Including dividends and other holdings, the total gains generated from the Bulten investment exceed SEK 85 m. Atle has been Bulten's biggest owner since 1996, and during this period, the corporation has been focused and concentrated on to the manufacturer and sale of fastenings, which has resulted in measures including the acquisition of a fastenings manufacturer in Poland Poland, Pol. Polska, officially Republic of Poland, republic (2005 est. pop. 38,635,000), 120,725 sq mi (312,677 sq km), central Europe. It borders on Germany in the west, on the Baltic Sea and the Kaliningrad region of Russia in the north, on Lithuania, , plus the divestments of Hoganas Eldfast and Gotene Tryckeri. Atle considers that it has now fulfilled ful·fill also ful·fil tr.v. ful·filled, ful·fill·ing, ful·fills also ful·fils 1. To bring into actuality; effect: fulfilled their promises. 2. its ownership role in Bulten, viewing Finnveden as the right industrial owner for the corporation going forward. This transaction is consistent with Atle's business concept of exiting holdings after fulfilling its task. Stockholm, Sweden, 17 November 2000 Atle AB (publ) ------------------------------------------------------------ This information was brought to you by BIT http://www.bit.se The following files are available for download To receive a file transmitted over a network. In any communications session, "download" means receive, and "upload" means send. The download/upload often implies a big/little scenario, in which data is being downloaded from the "big" server into the "little" user's computer. : http://www.bit.se/bitonline/2000/11/17/20001117BIT00390/bit0001.doc http://www.bit.se/bitonline/2000/11/17/20001117BIT00390/bit0002.pdf |
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