Thomas Froehlich Quotations

We decided to come out early because the board confirmed the details yesterday and we wanted to inform the market on a timely basis.

We've made an announcement today and there is no other decision.

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.

There are a number of parties interested in buying the unit.

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.