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Xeikon considers bids

Feb 1, 2002 12:00 AM

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The board of directors of Xeikon N.V. (Mortsel, Belgium) have begun considering two equivalent bids that have been made on the company’s color activities Jan. 31. One was submitted by MAN Roland; the other, by Yam International/Alpha Capital AG. Negotiations with the parties are expected to begin soon. The board’s decision will reflect the advice given by the company’s staff and management. The complete procedure for transfer is expected to be finalized by the end of February.