Herlitz AG: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
Provider: Reuters Investment Profile
Provider: Sadif Analytics Prime
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Herlitz AG'Herlitz PBS AG to Merge with Pelikan Holding AG
Herlitz AG announced that Pelikan International Corporation Berhad, Malaysia, (PICB), the shareholder of Pelikan Holding AG and Herlitz AG, has informed the Board of Directors of Pelikan Holding AG and the Management Board of Herlitz about its proposals to enable Herlitz AG to expedite the completion of the integration between Herlitz PBS AG business and Pelikan's German and Austrian sales operations including administrative functions. Instead of the joint venture structure, it has proposed an acquisition of selected assets and liabilities of the German and Austrian stationery business of Herlitz PBS AG and the logistics services company of Herlitz PBS AG by the Pelikan Group to the Herlitz Management Board of Herlitz AG. The goal is for Pelikan and Herlitz Management to agree on the details of the proposed acquisitions by October 31, 2013 and enter into the relevant contracts without delay thereafter. Pelikan International Corporation Berhad, Malaysia, is holding 96,49 % of the shares of Pelikan Holding AG and 70,92 % of the shares of Herlitz AG. Herlitz PBS AG is a 100% subsidiary of Herlitz AG.
Latest Developments for Herlitz AG
- Herlitz publishes further information on Pelikan Group integration of participations
- Herlitz AG announces merger of Herlitz PBS AG into Herlitz AG is registered
- Herlitz AG announces strategic reorientation of the Herlitz Group and to sell Germany and Austria sales business
- Herlitz AG to Merge with Its Subsidiary Herlitz PBS AG Papier-, Buro- und Schreibwaren
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