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News Article

Wacker plans Siltronic IPO

Wednesday 28th January 2004

Wacker-Chemie is preparing an initial public offering (IPO) of shares in its silicon wafer unit, Wacker Siltronic, according to an interview with the company’s CEO Dr Peter-Alexander Wacker in the Frankfuerter Allgemeine Zeitung.
Wacker-Chemie is preparing an initial public offering (IPO) of shares in its silicon wafer unit, Wacker Siltronic, according to an interview with the company’s CEO Dr Peter-Alexander Wacker in the Frankfuerter Allgemeine Zeitung.

The business would be renamed Siltronic. Aventis has a 49% stake in Wacker-Chemie.

Asked about the time-scale for the move, Dr Wacker comments: "It won’t take years."

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