HOCHTIEF Aktiengesellschaft announces plans for making a bid to take over a majority stake in Ed. Züblin AG as well as managerial control of the company.
The basis for this is an agreement on an entrepreneurial concept for the future of Züblin which is in the interest of both the old and new Züblin owners. To take the next step, some information not yet available to HOCHTIEF is still required.
HOCHTIEF informed the insolvency administrator and the involved creditor banks of its interest yesterday.
Source: HOCHTIEF
