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SGL Carbon Sees No Full Takeover by BMW and Klatten, FAS Reports

Dec. 18 (Bloomberg) -- Germany’s SGL Carbon SE doesn’t see a full takeover as likely by Bayerische Motoren Werke AG and the carmaker’s heiress Susanne Klatten, Chief Financial Officer Juergen Muth told the Frankfurter Allgemeine Sonntagszeitung.

While BMW and other shareholders including Volkswagen AG and Voith GmbH are interested mainly in carbon fiber, Klatten is interested in other SGL products, Muth said. “We thus see our independence strengthened,” he told the newspaper. BMW and Klatten together hold about 44 percent in SGL.

To contact the reporter on this story: Stefan Nicola in Berlin at snicola2@bloomberg.net

To contact the editor responsible for this story: Angela Cullen at acullen8@bloomberg.net

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