Duerr sets share issue to fund revamp


FRANKFURT, Nov 21 (Reuters) - German automotive industry supplier Duerr AG will raise nearly 22 million euros ($25.72 million) by increasing its share capital by 10 percent to help finance a restructuring, it said on Monday. Minority shareholders will not have subscription rights for the 1.43 million shares to be issued. Instead, family-controlled Heinz Duerr GmbH will take up around 60 percent of the 15.25-euro-per-share private placing, a statement said. Heinz Duerr GmbH controls 47 ...

Premium Content (PAID Subscription Required)

"Duerr sets share issue to fund revamp" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!

For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: lwilliamson@wardsauto.com or phone: (248) 799-2642

Current subscribers, please login or CLICK for support information.

Already registered? here.

Mar 8, 2018

Toyota Camry Hybrid 2.5L Atkinson 4-Cyl. – 2018 Award Acceptance

Masashi Hakariya, project manager-engine development at Toyota, accepts award for Toyota Camry Hybrid at 2018 Wards 10 Best Engines ceremony....More


Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×