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Celanese Europe Holding GmbH & Co. KG Announces Extension of the Subsequent Acceptance Period.


KRONBERG, Germany -- The subsequent acceptance period of the mandatory offer by Celanese Europe Holding GmbH & Co. KG (formerly known as BCP BCP Best Current Practice(s)
BCP Business Continuity Planning
BCP Business Continuity Plan
BCP Book of Common Prayer
BCP Banco Comercial Português
BCP Bureau of Consumer Protection (US Federal Trade Commission) 
 Crystal Acquisition GmbH & Co. KG) to purchase all of the issued and outstanding registered ordinary shares of Celanese AG (other than ordinary shares owned by Celanese Europe Holding GmbH & Co. KG or held by Celanese AG or any of its subsidiaries in treasury) for EUR EUR

In currencies, this is the abbreviation for the Euro.

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.
 41.92 per share in cash (plus interest) has been extended to be in compliance with German law, due to the pendency Pend´en`cy

n. 1. The quality or state of being pendent or suspended.
2. The quality or state of being undecided, or in continuance; suspense; as, the pendency of a suit s>.
 of award proceedings relating to relating to relate prepconcernant

relating to relate prepbezüglich +gen, mit Bezug auf +acc 
 the mandatory offer. The subsequent acceptance period is now scheduled to expire on Oct. 1, 2005 at 12:01 a.m. New York City New York City: see New York, city.
New York City

City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S.
 time, 6:01 a.m. Central European Time Central European Time
Noun

the standard time adopted by Western European countries one hour ahead of Greenwich Mean Time, corresponding to British Summer Time Abbrev: (CET)
, unless otherwise further extended to be in compliance with German law. The mandatory offer is required by Section 305 of the German Stock Corporation Act in connection with the domination and profit and loss transfer agreement between Celanese Europe Holding GmbH & Co. KG and Celanese AG. As described in the offer document relating to the mandatory offer and the amendments thereto, the consideration offered in the subsequent acceptance period is EUR 41.92 in cash (plus interest, as reduced by any guaranteed dividend payments). No shares tendered during the subsequent acceptance period may be withdrawn after tender.

Celanese Europe Holding GmbH & Co. KG is a German limited partnership controlled by Celanese Corporation, a Delaware corporation.
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Article Details
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Publication:Business Wire
Geographic Code:4EUGE
Date:Jul 29, 2005
Words:240
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