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| Spin-off of Sulzer’s 74% shareholding in Sulzer Medica to be completed today (July 10, 2001) (10/07/2001, Media Release) |
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“This is a historic day for both Sulzer and Sulzer Medica,” said Leonardo Vannotti, Chairman of the Board of Directors of Sulzer AG. “A long shared history of Sulzer and Sulzer Medica comes to an end in order to allow a new beginning for both groups.”
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| Capital reduction of Sulzer entered into the commercial registry (06/07/2001, Media Release) |
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On 5 July 2001 the capital reduction of Sulzer was entered into the commercial registry. The capital reduction is an important last step for the completion of the spin-off of practically all of Sulzer’s 74% shareholding in Sulzer Medica. It was approved at Sulzer’s Annual General Meeting on 19 April 2001 and required a two-month statutory notice period before it could be completed. Following the entry of the capital reduction into the commercial registry, the spin-off shall be finalized as planned and become effective on 10 July 2001.
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| Sulzer shareholders receive important information on the spin-off of Sulzer Medica (25/06/2001, Media Release) |
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Today Sulzer has sent a brochure to its shareholders detailing important information regarding the spin-off of practically all of its 74% shareholding in Sulzer Medica. The spin-off is intended to be completed on July 10, 2001, marking one of the most significant events in the histories of Sulzer and Sulzer Medica.
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| Intended timetable for the voluntary repurchase offer for Sulzer’s Convertible Bond (20/06/2001, Media Release) |
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On June 1, 2001 Sulzer announced its plans to make a voluntary repurchase offer for the 1% convertible bond 2000/2005, subject to the completion of the spin-off and subject to Swiss regulatory approval.
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| Sulzer plans voluntary repurchase offer for its Convertible Bond (01/06/2001, Media Release) |
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On Mai 14, 2001 Sulzer Capital B.V., the issuer of the 1% 2000 2005 CHF 219,000,000 onvertible bond has invited to a bondholder meeting for June 29, 2001 to vote on the revised terms and conditions of the convertible bond. The revised terms will foresee that after the spin-off, bondholders can convert into a "basket" of Sulzer AG and Sulzer Medica AG shares.
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| Spin-off to take place on 10th July (31/05/2001, Media Release) |
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The spin-off of Sulzer’s stake in Sulzer Medica, in accordance with its shareholders’ vote at the AGM on 19 April 2001, is planned to take place on 10 July 2001. Sulzer Medica announces the appointment of Dr. Stephan Rietiker as successor to André Buchel as Group CEO and three new Board members.
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| Sulzer Turbo take-over by the MAN Group finalized (21/05/2001, Media Release) |
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In December 2000 the divestiture of Sulzer Turbo AG to the MAN Group was announced within the framework of the Sulzer focusing strategy. This take-over has now been finalized by contract closure on May 21, 2001 between MAN AG, Munich/Germany, and Sulzer Ltd, Winterthur/Switzerland.
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| Sulzer Ltd sells Sulzer Infra to Groupe Fabricom (27/04/2001, Media Release) |
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Groupe Fabricom, a subsidiary of Tractebel, has agreed with Sulzer Ltd to acquire Sulzer Infra for CHF 420 million (EUR 260 million), subject to approval by the regulatory authori-ties. Sulzer Infra will strengthen Groupe Fabricom’s infrastructure services in building and industrial installations, maintenance and facility management through complementary geographic presence and long-standing customer base.
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| Sulzer shareholders support the Board (19/04/2001, Media Release) |
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At the 87th Annual General Meeting of Sulzer Limited, Winterthur on April 19, 2001, all the resolutions proposed by the Sulzer Board were approved and all the resolutions proposed by InCentive Capital were not approved. 40.5% of the share capital was represented at the AGM, 1696 shareholders were present at the meeting.
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| Sulzer order intake for first quarter 2001 six percent higher (17/04/2001, Media Release) |
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Consolidated order intake by the Sulzer Corporation for the first quarter 2001 rose by 6% to CHF 1532 million, equivalent to a 7% increase adjusted for acquisitions, divestitures and currency effects. This encouraging growth is mainly attributable to the Sulzer Industries core businesses on which Sulzer will be based in future.
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