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Article: GLV Announces its Intent to Launch a Voluntary Takeover Bid to Purchase the Shares of Austria-Based Christ Water Technology AG Specializing in Industrial and Municipal Water Treatment Technologies.
- Article from:
- PR Newswire Europe
- Article date:
- September 22, 2009
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MONTREAL, Canada, September 22 /PRNewswire/ --
[All amounts are in Canadian dollars unless otherwise indicated.] GLV Inc. ("GLV"; ticker symbols GLV.A, GLV.B / TSX) announces that its Board of Directors has approved a voluntary takeover bid (the "Takeover" or the "Offer") to purchase up to 100% of the shares of Christ Water Technology AG ("CWT"), an Austria-based company listed on the Vienna Stock Exchange (ISIN: AT0000499157; ticker symbol CWT) that conducts international operations in the area of industrial and municipal water treatment technologies. The Offer has received the support of CWT's largest shareholder, Mr. Andreas Weissenbacher, who holds ...