Manroland Administrator: In Talks With Several Parties - Report
December 13 2011 - 12:05PM
Dow Jones News
Werner Schneider, the insolvency administrator for German
printing machine maker manroland AG, is holding talks with several
parties regarding a sale of the company, Frankfurter Allgemeine
Zeitung reported Tuesday, citing an interview with Schneider.
Schneider didn't want to say whether manroland may be split up
or not, but indicated there are companies from China and other
emerging countries that would be interested in a complete takeover,
while potential investors from Europe don't have such a plan,
according to the report.
The loss-making company, the world's third-largest printing
machine maker, filed for insolvency last month after negotiations
with Swiss investor Capvis regarding a takeover failed.
Newspaper website: http://www.faz.net
-Frankfurt Bureau, Dow Jones Newswires; 49-69-29725-500