Thomas Froehlich

Thomas Froehlich
agreement best board company management operations
The company is well positioned and the operations are okay. The management board and supervisory board were in agreement that this would be the best thing for the company.
buying interested number parties
There are a number of parties interested in buying the unit.
changed developed emerged merger structure
We have always said it was a merger of equals, but things have changed over the months. The structure now is what emerged from the merger of equals, but things have developed into what we are today.
board confirmed decided details early inform market timely yesterday
We decided to come out early because the board confirmed the details yesterday and we wanted to inform the market on a timely basis.