Dec 2(Reuters) - LIWET HOLDING AG:
* SAID ON SUNDAY IT PUBLISHED AN OPEN LETTER TO MARTIN HAEFNER
* THE COMPANY SAYS IT SHARES HAEFNER’S CONCERNS ABOT THE FUTURE OF SCHMOLZ+BICKENBACH (S+B)
* SAYS IT IS READY TO INJECT AS MUCH MONEY AS NECESSARY FOR S+B TO SURVIVE
* SAYS IT HAS SO FAR NOT RECEIVED A TRANSPARENT EXPLANATION FROM S+B ITSELF, NEITHER FROM THE MANAGEMENT NOR FROM THE BOARD OF DIRECTORS OF S+B, AS TO HOW LARGE THE LIQUIDITY REQUIREMENT REALLY IS
* SAYS IT CALLS FOR SOLUTION WHICH MUST BE FAIR TO EVERYONE AND THAT CANNOT RESULT IN A CHANGE OF CONTROL
* SAYS CAPITAL INCREASE MUST BE REALIZED, AVOIDING A CHANGE OF CONTROL AND GIVING AN OPPORTUNITY FOR ALL SHAREHOLDERS TO PARTICIPATE PRO-RATA
* SAYS IT IS READY TO DISCUSS THE COMPOSITION OF THE BOARD OF DIRECTORS FOR WORKING OUT A PLAN TO SAVE S+B
Source text for Eikon:
Gdansk Newsroom
