Celanese Corporation approves initiating the squeeze-out of Celanese AG shares
08-Nov-2005
"The planned squeeze-out of Celanese AG shares will enable us to create more transparent and simplified corporate structures", said Curt Shaw, Executive Vice President, General Counsel and Corporate Secretary of Celanese Corporation.
Celanese AG tentatively plans to obtain the legally required shareholder approval of the squeeze-out at its next annual meeting in 2006.
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