You are here

Vossloh boss to bid 447m euros for German trainmaker

Amount offered is for the remaining 70% stake that he doesn't already own

Munich

VOSSLOH AG chairman Heinz Hermann Thiele has said that he'll bid at least 447 million euros (S$690 million) for the 70 per cent of the German locomotive and railroad-equipment manufacturer that he doesn't already control.

He plans to offer 48-49 euros per share through his

sentifi.com

Market voices on:

grab

Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at btsub.sg/promo

Powered by GET.comGetCom