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Koenig & Bauer Favors Manroland Merger, Handeslblatt Says

Aug. 10 (Bloomberg) -- 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 helfes@bloomberg.net.

To contact the editor responsible for this story: Celeste Perri at cperri@bloomberg.net.

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