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18.07.2008

LME, Stork and Candover continue their formal discussions on alternative structure

9/17/2007  Ragnar Bjartur
LME, Stork and Candover continue their formal discussions on alternative structure
It has become clear that the required numbers of shares will not be tendered for acceptance under the public offer for all outstanding shares in Stork N.V., therefore Candover has decided to withdraw its offer.

It has become clear that the required numbers of shares will not be tendered for acceptance under the public offer for all outstanding shares in Stork N.V., therefore Candover has decided to withdraw its offer.

During the past two weeks LME, Candover and Stork have continued their discussions and are now looking at possibilities for an alternative transaction structure, taking into account the interest of all stakeholders in Stork.

Further announcements will be made when appropriate and in any case not later than in the first half of October 2007.
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Marel is the leading global provider of advanced equipment, systems and services to the fish, meat and poultry industries. Our brands – Marel, Stork Poultry Processing and Townsend Further Processing – are among the most respected in the industry. Together, we offer the convenience of a single source to meet our customers’ every need. With offices and subsidiaries in over 30 countries and a global network of 60 agents and distributors, we work side-by-side with our customers to extend the boundaries of food processing performance.

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