Archived posting to the Leica Users Group, 2011/10/19
[Author Prev] [Author Next] [Thread Prev] [Thread Next] [Author Index] [Topic Index] [Home] [Search]95%-44% is .... 51%!!! Kaufmann knows his math :-)! On Wed, Oct 19, 2011 at 11:06 AM, Mark Rabiner <mark at rabinergroup.com>wrote: > He mentions he intends on maintaining the majority share and control of the > company. > > -- > Mark R. > http://gallery.leica-users.org/v/lugalrabs/ > > > > From: Howard Cummer <cummer at netvigator.com> > > Reply-To: Leica Users Group <lug at leica-users.org> > > Date: Wed, 19 Oct 2011 22:06:04 +0800 > > To: Leica Users Group <lug at leica-users.org> > > Subject: [Leica] Dr. Kaufmann (partially) cashes out! > > > > Leica Camera Gains Strategic Investor In Blackstone > > > > > > This morning Leica officially announced that Andreas Kaufmann's ACM is > selling > > 44% minority stake of Leica Camera shares to investment funds advised by > > Blackstone. > > > > The goal is "to support Leica?s international growth plans" - more > precisely > > "continued development of the brand, its products and our growth plans > into > > new markets such as Asia, South America and the Middle East". > > > > According to the Leica press release "ACM has no plans to sell more > shares in > > Leica Camera AG. Our long term strategy is to accompany Leica Camera in > its > > continued expansion worldwide." > > > > > > > > _______________________________________________ > > Leica Users Group. > > See http://leica-users.org/mailman/listinfo/lug for more information > > > > _______________________________________________ > Leica Users Group. > See http://leica-users.org/mailman/listinfo/lug for more information > -- // richard <http://www.richardmanphoto.com>