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Bekaert GmbH Otto-Hahn-Straße 20 61381 Friedrichsdorf, Germany http://www.bekaert.com/building
Contact Mr Jacques Anckaert +32 56 23 05 72
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Bekaert GmbH

Bekaert announces successful closing of the transaction leading to a majority shareholding in Chile, Peru and Canada

(PresseBox) (Friedrichsdorf, )
Bekaert and its Chilean partners announced today the successful closing of their shareholding transaction by which Bekaert becomes the principal shareholder (52%) in the partnership with operations in Chile, Peru and Canada. The deal follows all customary closing and approval processes. Simulated on the basis of the 2010 and 2011 financial statements, Bekaert's consolidated sales are expected to increase by approximately € 300 million on an annual basis.

Related press release:
22 December 2011: Bekaert further consolidates activities in Latin America: http://www.bekaert.com/en/About%20us/Press/News/11-12-22%20Bekaert%20further%20consolidates%20activities%20in%20Latin%20America.aspx

Disclaimer

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.