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The KONE Corporation subsidiary KONE Finance Oy published its purchase offer for Partek shares and financial instruments that pursuant to the Company`s Act entitle to such shares. The public purchase offer was exercised on August 23, 2002. After KONE Corporation had transferred its holdings of Partek shares to KONE Finance Oy in a transaction on August 27, 2002 KONE Finance Oy holds more than nine tenths of all the shares and votes in Partek Oyj Abp. KONE Finance Oy thus stands as the parent company to Partek Oyj Abp.
KONE holds a press conference on Monday September 9, 2002 at 10.00 a.m. for the purpose of disclosing its Partek strategy. KONE Corporation is represented on this occasion by Antti Herlin, CEO and Deputy Chairman of the Board and representatives of KONE’s and Partek’s top management.
The press conference will be arranged in the KONE Building, Keilasatama 3, Espoo.
Secretary to the Board
KONE Finance Oy
Chairman of the Board
For more information, please contact:
Tapio Hakakari, Secretary to the Board, KONE Corporation, Tel. +358 204 75 4226, Mobile +358 400 408 316.