Ad-hoc | 7 October 2004 03:07
Henkel to acquire Sovereign Specialty Chemicals
Ad-hoc-announcement transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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On October 6, 2004 Henkel Corporation/USA, an affiliate of Henkel KGaA,
Düsseldorf (Germany), and Sovereign Specialty Chemicals, Inc., Chicago
(Illinois/USA), a supplier of specialty adhesives, sealants and assembly
adhesives, have entered into an agreement pursuant to which Henkel will acquire
all of the shares of Sovereign Specialty Chemicals, Inc. The transaction value
amounts to approximately 575 million USD. The acquisition, which is subject to
customary conditions and regulatory approvals, is expected to be completed until
the end of 2004.
end of ad-hoc-announcement (c)DGAP 07.10.2004
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WKN: 604843; ISIN: DE0006048432; Index: DAX
Listed: Amtlicher Markt in Berlin-Bremen, Düsseldorf, Frankfurt (Prime
Standard), Hamburg, Hannover, München und Stuttgart
070307 Okt 04