Heijmans: negotiations with Holzmann terminated

Heijmans could not reach agreement with the receivers of the insolvent Philipp Holzmann company.

Heijmans started the negotiations with clear conditions:

- the risk profile of Heijmans may not change due to the takeover, and
- German banks involved in the bankruptcy, must finance a large part of the new company, and
- the take-over must contribute to HeijmansÂ' profitability.

Now not all of these conditions are met, Heijmans decided to terminate the negotiations.

For more information please visit www.heijmans.nl.

(source: Heijmans)

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