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CHM Chemetall 9%Pf

100.00
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Name Symbol Market Type
Chemetall 9%Pf LSE:CHM London Preference Share
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.00 0.00% 100.00 0 01:00:00

Ultimate Holding Company

28/04/2004 2:55pm

UK Regulatory


RNS Number:0890Y
Chemetall PLC
28 April 2004






On behalf of:   Chemetall PLC
Date:           28 April 2004


As announced previously , the Company's ultimate holding company, mg
technologies ag ("mg") has decided to sell its chemical business, Dynamit Nobel.
Chemetall PLC represents the UK, Ireland and Middle East business of the
Chemetall group, the speciality chemicals division of Dynamit Nobel.

The supervisory board of mg has approved the sale of Dynamit Nobel to Rockwood
Specialties Group Inc., a US-based speciality chemicals company. The transaction
is still planned to be completed by the third quarter of 2004 and is subject to
approval by annual general meeting of mg, as well as by the relevant anti-trust
authorities.


Ends





For further information, please contact:
Rob Rydings
Chemetall PLC  01908 361817








                      This information is provided by RNS
            The company news service from the London Stock Exchange

END
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