Printer Friendly
The Free Library
14,503,364 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

Gallaher Announces Result of Austria Tabak Offer and Statutory Extension.


Business Editors

LONDON--(BUSINESS WIRE)--Oct. 2, 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, announces that the offer by Gallaher (Austria) 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 12,950,319 shares in Austria Tabak Aktiengesellschaft ("Austria Tabak") not owned by Gallaher Austria closed on September 27, 2001.

12,549,868 shares, representing 57.04 percent of the total issued share capital of Austria Tabak, were tendered in relation to the offer. Together with the 9,049,681 shares acquired from the Austrian Republic through Osterreichische Industrieholding Aktiengesellschaft on August 23, 2001, the Gallaher Group now owns a total of 21,599,549 shares in Austria Tabak, representing 98.18 percent of its total issued share capital.

In accordance with Austrian takeover rules, the offer period has been statutorily extended by a further ten trading days and accordingly the period for acceptance of the offer now ends on October 16, 2001. The offer is not being made in Canada Made in Canada may also mean Country of origin.

Made in Canada is a Canadian television situation comedy which aired on the CBC from 1998 to 2003. In the United States, France, Australia and Latin America, the show was syndicated as The Industry.
, Australia or Japan.
COPYRIGHT 2001 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Geographic Code:4EUUK
Date:Oct 2, 2001
Words:172
Previous Article:Cruise West, Royal Olympic, And Mediterranean Shipping Cruises Sail Into REZconnect Technologies' Net-To-Phone-To-Net Reservations System.
Next Article:Bi-Coastal Tributes Mark Business Wire's 40th Anniversary Celebration.
Topics:



Related Articles
Time is short for spin-offs. (foreign subsidiaries, IRS regulations)
RIGHT TURN IN AUSTRIA - The Haider chronicles.(Joerg Haider)(Brief Article)
Aaron Jungreis.(GFI Realty Services, Inc. arranges apartment sale)(Brief Article)(Statistical Data Included)
CIPPERS NOTEBOOK: CLIPS WON'T PAY, BUT FOR NOW TAYLOR STAYS.(Sports)
LAWMEN ROPE 'EM IN; THOUSANDS TURN OUT FOR CASTAIC RODEO.(NEWS)
AMERICAN BRANDS TO CUT TIES TO CIGARETTE INDUSTRY.(BUSINESS)(Statistical Data Included)
HE'S A STAR OUT OF THE SPOTLIGHT HART BACKUP QB HAPPY TO HELP TEAM SUCCEED.(News)
BIKER CLUB LEADER DECRIES FAIR OUSTER.(News)
UO tennis falls.(Sports)
Respect, dignity and privacy denied.(LETTERS: TELL US WHAT YOU THINK)(Letter to the editor)

Terms of use | Copyright © 2009 Farlex, Inc. | Feedback | For webmasters | Submit articles