SIKA Sika AG / Sika AG: UNCONSTRUCTIVE MEETING . Processed and transmitted by NASDAQ OMX Corporate Solutions. The issuer is solely responsible for the content of this announcement.
Sika statement to meeting between Saint-Gobain and Sika management today:
"We can confirm that a meeting between representatives of Sika and Saint-Gobain took place today in Zurich. Sika entered this meeting in good faith and was expecting constructive discussions. However, Saint-Gobain continues to ignore the detrimental effects of the transaction on Sika and its shareholders. The concerns of Sika's shareholders, Sika Management and Board are not taken serious. Furthermore, we distance ourselves from any claim made by Saint-Gobain that we have a joint view on possible synergies or any other aspect of the transaction. Sika will continue to act in the interest of its shareholders and other stakeholders."
DATE | January 16, 2015 | CONTACT | Dominik Slappnig Corporate Communications & Investor Relations |
| SIKA AG | Zugerstrasse 50 6341 Baar, Switzerland www.sika.com: http://www.sika.com/ | TELEPHONE | +41 58 436 68 21 slappnig.dominik@ch.sika.com: mailto:slappnig.dominik@ch.sika.com |
SIKA CORPORATE PROFILE
Sika is a specialty chemicals company with a leading position in the development and production of systems and products for bonding, sealing, damping, reinforcing and protecting in the building sector and the motor vehicle industry. Sika has subsidiaries in 90 countries around the world and manufactures in over 160 factories. Its more than 16,000 employees generated annual sales of CHF 5.6 billion in 2014.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Sika AG via Globenewswire
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Sika AG
Zugerstrasse 50 Baar
WKN: 858573;ISIN: CH0000587979;
