Thursday, August 16, 2012

Reuters: Bankruptcy News: Germany's insolvent Pfleiderer finds investor

Reuters: Bankruptcy News
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Germany's insolvent Pfleiderer finds investor
Aug 16th 2012, 12:09

FRANKFURT | Thu Aug 16, 2012 8:09am EDT

FRANKFURT Aug 16 (Reuters) - German wood laminate maker Pfleiderer has found an investor to rescue it from insolvency and will seek to delist from the stock exchange in October.

Luxembourg-based private equity company Atlantik will become sole owner of Pfleiderer, management board member Hans-Joachim Ziems told reporters on Thursday. (Reporting by Christian Kraemer; Writing by Maria Sheahan)

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