HOCHTIEF

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On 2nd September 2005, the Extraordinary General Meeting of the Company HOCHTIEF VSB a.s. took place. The General Meeting decided about the transfer of shares of minority shareholders to main shareholder HOCHTIEF Aktiengesellschaft, registered address Opernplatz 2, 45128 Essen by process according provision § 183i subsq. Commercial Code, so called process “Squeeze Out”. HOCHTIEF Aktiengesellschaft will become the single shareholder of the company HOCHTIEF VSB a.s.

On the basis of the verified conclusion of expert company the amount of consideration for one share was defined for 3 491 CZK.