Gallaher Announces Final Result of Austria Tabak Offer.Business Editors LONDON--(BUSINESS WIRE)--October 18, 2001 Gallaher Group Gallaher Group is a major British based multinational tobacco company. It was traded on the London Stock Exchange and was a constituent of the FTSE 100 Index prior to its April 2007 acquisition by Japan Tobacco. Plc (NYSE NYSE See: New York Stock Exchange : GLH GLH Gallaher Group PLC (stock symbol) GLH guided learning hours (education) GLH Goes Like Hell GLH Green Leafhopper GLH Girl Love Handles GLH Ground Launched Hellfire (missile) ), the leading tobacco company for the UK market, today announces that the statutory extension, and accordingly the period for acceptance, of the offer by Gallaher (Austria Austria (ô`strēə), Ger. Österreich [eastern march], officially Republic of Austria, federal republic (2005 est. pop. 8,185,000), 32,374 sq mi (83,849 sq km), central Europe. ) GmbH ("Gallaher Austria"), its wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. , for the remaining shares in Austria Tabak Aktiengesellschaft ("Austria Tabak") not owned by Gallaher Austria, ended on October 16, 2001. A further 207,345 Austria Tabak shares were tendered under the offer during the statutory extension period. Together with the 9,049,681 Austria Tabak shares acquired from the Austrian Republic through Osterreichische Industrieholding Aktiengesellschaft on August 23, 2001 and the 12,549,868 Austria Tabak shares acquired during the initial offer period, which closed on September 27, 2001 and the result of which was announced on October 2, 2001, the Gallaher Group now owns a total of 21,806,894 shares in Austria Tabak, representing 99.1 percent of its total issued share capital. Gallaher Group intends to acquire the remaining shares in Austria Tabak in due course. |
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