Image: Volker Weihbold
The entry in the commercial register was made in the morning, and share trading on the Frankfurt and Munich stock exchanges ended during the course of the day.
Leoni, with 95,000 employees worldwide, had sales of EUR 5.1 billion and a loss of EUR 605 million last year. After the partial sale to a Thai investor failed at the end of 2022, a rescue plan was agreed with Leoni’s major shareholder Pierer: He gave Leoni a capital injection of 150 million euros and received all newly issued shares that were no longer listed.
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