Industry News, Printers News

Heidelberg Completes Capital Increase

Masterwork Group Co., Ltd. obtains shareholding of approximately 8.5% in Heidelberg.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Amounting to nearly 9.2% of the existing share capital, the cash capital increase decided on by the Management Board and Supervisory Board of Heidelberger Druckmaschinen AG in March 2019 took place on March 22, 2019, with Masterwork Group Co., Ltd. as a further strategic anchor investor.   Based on the agreed issue price of €2.68 per share, this represents an inflow of capital amounting to approximately €69 million (before transaction costs). The company’s new share capital has been increased to...

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