There are a number of parties interested in buying the unit.
More Quotes from Thomas Froehlich:
The company is well positioned and the operations are okay. The management board and supervisory board were in agreement that this would be the best thing for the company.Thomas Froehlich
We've made an announcement today and there is no other decision.
Thomas Froehlich
We decided to come out early because the board confirmed the details yesterday and we wanted to inform the market on a timely basis.
Thomas Froehlich
We have always said it was a merger of equals, but things have changed over the months. The structure now is what emerged from the merger of equals, but things have developed into what we are today.
Thomas Froehlich
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