Koenig & Bauer Favors Merger With Manroland, CEO Hansen Tells Handeslblatt
Stock Chart for Koenig & Bauer AG (SKB)
Koenig & Bauer AG is in favor of a merger with domestic competitor Manroland AG as global production of printing-presses is too high, Handelsblatt reported today, citing an interview with Chief Executive Officer Helge Hansen.
The company is opposed to a merger with Heidelberger Druckmaschinen AG as the competitor’s debt is too high, Hansen told the newspaper.
To contact the reporter for this story: Holger Elfes in Dusseldorf at email@example.com.
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