Archived posting to the Leica Users Group, 2011/10/19
[Author Prev] [Author Next] [Thread Prev] [Thread Next] [Author Index] [Topic Index] [Home] [Search]Yes; Kaufmann may have gotten out what he put in, or more and still retains control. Also, I believe that since Kaufmann never was able to take Leica back into private ownership, having another shareholder doesn't change as much for him as it would have had his initial intention been realized, and he does now get a big chunk of money back. Seems like a smart move to me that doesn't really change much operationally. On 2011-10-19, at 1:50 PM, Douglas Sharp wrote: > Maybe, > > but it would be interesting to find out how much more ACM has got out than > they put in? > > Cheers > Douglas > > On 19.10.2011 19:52, Jayanand Govindaraj wrote: >> Looks like Kaufman likes the moo ah, just like any of us! >> Cheers >> Jayanand >> >> >> Sent from my iPad >> >> Begin forwarded message: >> >>> From: Newsletter Leica Forum<newsletter at l-camera-forum.com> >>> Date: October 19, 2011 7:04:45 PM GMT+05:30 >>> To: jayanand at gmail.com >>> Subject: Leica Deals / Investor Acquires 44% Leica Stake >>> >>> >>> >>> Dear jayanand, >>> >>> Serious changes in Solms - what does the Blackstone acquisition mean for >>> the Leica company, brand, products, and employees? >>> >>> Also in this newsletter: >>> >>> Leica Deals - Finding Leica auctions the easy way >>> Premium Offer - free Code-No. labels for new premium members >>> Leica Camera Gains Strategic Investor In Blackstone >>> >>> >>> This morning Leica officially announced that Andreas Kaufmann's ACM is >>> selling 44% minority stake of Leica Camera shares to investment funds >>> advised by Blackstone. >>> >>> The goal is "to support Leica?s international growth plans" - more >>> precisely "continued development of the brand, its products and our >>> growth plans into new markets such as Asia, South America and the Middle >>> East". >>> >>> According to the Leica press release "ACM has no plans to sell more >>> shares in Leica Camera AG. 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