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. |
There are a number of parties interested in buying the unit. |
We decided to come out early because the board confirmed the details yesterday and we wanted to inform the market on a timely basis. |
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. |
We've made an announcement today and there is no other decision. |