Releases - CARDO

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1999

 

Found press releases

 

Cardo's acquisition of remainder of Cardo Rail settled

As previously announced, Cardo and ThyssenKrupp entered into a preliminary
agreement to the effect that Cardo will take over ThyssenKrupp's 40-
percent shareholding in Cardo BSI Rail AB. By means of the acquisition,
Cardo will own all the shares in the company.

The Swedish Competition Authority has found no cause to intervene against
Cardo's acquisition, which will therefore be...

Cardo's acquisition of remainder of Cardo Rail settled

As previously announced, Cardo and ThyssenKrupp entered into a preliminary agreement to the effect that Cardo will take over ThyssenKrupp's 40-percent shareholding in Cardo BSI Rail AB. By means of the acquisition, Cardo will own all the shares in the company.

The Swedish Competition Authority has found no cause to intervene against Cardo's acquisition, which will therefore be realized on December 31...

Financial Information from Cardo

During 2000, Cardo AB will publish financial reports as follows: February 17 Year-end report,1999 Mid-March Annual Report April 10 Annual General Meeting May 16 Interim Report, January - March 2000 August 16 Interim Report, January - June 2000 November 7 Interim Report, January - September 2000 Malmö, December 2, 1999 Cardo AB (publ)

Financial Information from Cardo

During 2000, Cardo AB will publish financial reports as follows:

February 17 Year-end report,1999
Mid-March Annual Report
April 10 Annual General Meeting
May 16 Interim Report, January - March 2000
August 16 Interim Report, January - June 2000
November 7 Interim Report, January - September 2000

Malmö, December 2, 1999

Cardo buys remainder of Cardo Rail- preliminary agreement signed

Cardo AB has entered into a preliminary agreement with ThyssenKrupp on an acquisition of its 40-percent shareholding in Cardo BSI Rail AB. By means of the acquisition, Cardo will own 100 percent of the shares in the company.
Under the option agreement of 1997 previously applying, Cardo had the opportunity of acquiring the shares as of January 2000. The preliminary agreement involves Cardo taking over the shares...

Cardo buys remainder of Cardo Rail - preliminary agreement signed

Cardo buys remainder of Cardo Rail- preliminary agreement signed

Cardo AB has entered into a preliminary agreement with ThyssenKrupp on an
acquisition of its 40-percent shareholding in Cardo BSI Rail AB. By means of
the acquisition, Cardo will own 100 percent of the shares in the company.

Under the option agreement of 1997 previously applying, Cardo had the
opportunity of...

Cardo expands in China

Cardo's business area Cardo Door is extending its operations in China by
establishing a wholly owned subsidiary in Kunshan near Shanghai. The company,
with initially about 30 employees, will be responsible for both local assembly
and marketing of Cardo Door's range of products.

The new company, Crawford Door (Kunshan) Ltd, will be responsible for assembly
and sales of industrial doors...

Cardo expands in China

Cardo's business area Cardo Door is extending its operations in China by establishing a wholly owned subsidiary in Kunshan near Shanghai. The company, with initially about 30 employees, will be responsible for both local assembly and marketing of Cardo Door's range of products.
The new company, Crawford Door (Kunshan) Ltd, will be responsible for assembly and sales of industrial doors and dock loading products,...

Allocation of SPP surplus funds to Cardo group companies

According to information received, SPP has allocated SEK 73.6 million of its
surplus funds to the Cardo group's companies.

According to information from SPP, the implementation of the decision is
conditional upon it not contravening regulations relating to competition
legislation.

In view of the uncertainty relating to their utilization and in the light of
the Swedish...

Allocation of SPP surplus funds to Cardo group companies

According to information received, SPP has allocated SEK 73.6 million of its surplus funds to the Cardo group's companies.

According to information from SPP, the implementation of the decision is conditional upon it not contravening regulations relating to competition legislation.

In view of the uncertainty relating to their utilization and in the light of the Swedish Financial Accounting Standards Council's...

CARDO

Cardo is a world-leading supplier of industrial doors and logistics systems, wastewater treatment systems, process equipment for the pulp and paper industry and garage doors. Operations are pursued in the Group’s divisio...

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  CONTACT  
  • Maria Bergving
  • Senior Vice President Communications and Investor Relations
  • +46 (0)706 02 61 81
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