WACKER Examines Options on the Ownership Structure of Siltronic
“Reshaping Siltronic’s ownership structure could be beneficial for both WACKER and Siltronic,” explained Rudolf Staudigl, CEO of Wacker Chemie AG. WACKER, added Staudigl, could, for example, invest additionally available funds in reinforcing its chemical and polysilicon businesses. Also, the overall capital intensity of the Group would decrease. Siltronic, on the other hand, could harness additional growth opportunities in the event of an IPO by accessing the capital markets itself. A further option to be considered is a divestment to a strategic investor. “A detailed analysis of all the possible courses of action is necessary first to see how far these goals are achievable and which path would then be appropriate,” stressed Staudigl. “However, it is important to us to inform capital-market participants, customers and employees that such deliberations exist and that they may result in changes to Siltronic’s current ownership structure.”
Other news from the department business & finance
Get the chemical industry in your inbox
From now on, don't miss a thing: Our newsletter for the chemical industry, analytics, lab technology and process engineering brings you up to date every Tuesday and Thursday. The latest industry news, product highlights and innovations - compact and easy to understand in your inbox. Researched by us so you don't have to.