Press Release: Preussag AG
June 10, 2002
In accordance with the agreement reached in March, One Equity Partners on June 7 acquired the 30 per cent shareholding
in Howaldtswerke-Deutsche Werft AG (HDW) held by Preussag. The acquisition by the investor One Equity Partners
of another 20 per cent minus one share held by a financial investor and passed on by Preussag also took place simultaneously.
This finally concludes Preussag's withdrawal from shipbuilding
One Equity Partners is an international private equity company financed by Bank One Corporation, a US bank headquartered
in Chicago. One Equity Partners in Germany has its head office in Frankfurt am Main.
SOURCE: Preussag AG