IN THE DOG HOUSE
- From: Vol 10, Issue 10 (October 2009)
- Category: Need to know
- Country: Canada, China, Singapore, United Kingdom and United States
- Related Companies: Christ Water Technology
Canadian water and paper technology group GLV has made a €96 million offer for Christ Water Technology.
*Some sort of takeover has been inevitable since the profit-making pharmaceutical division was transferred from Christ to BWT in July for €35 million. The remaining three divisions (ultrapure water, food and beverage, and municipal) lost €11.1 million before interest, tax, depreciation and amortisation in 2008. Some say Andreas Weissenbacher, who is the largest shareholder of Christ and the controlling ...
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