MONTREAL, Feb. 8 /CNW Telbec/ - Management of GLV Inc. ("GLV"; ticker symbols GLV.A, GLV.B / TSX) and Christ Water Technology AG ("CWT"; ticker symbol CWT / Vienna Stock Exchange) wish to remind CWT's shareholders that they have until no later than February 19, 2010, 4:00 p.m. (Vienna time) to tender their shares at a price of (euro)3.35 per CWT share, pursuant to the same terms as set forth in GLV's voluntary takeover bid for CWT's shares. Subsequent to that date, CWT shareholders wishing to sell their shares will have to do so on the public market, without any guarantee as to the selling price.
As at February 5, 2010, 88.52 of CWT's outstanding shares have either been purchased by GLV, or tendered by CWT's shareholders.
GLV is a leading global provider of technological solutions used in water treatment as well as in pulp and paper production. GLV and its subsidiary CWT are present in some 30 countries and, as of the date hereof, have approximately 2,350 employees.
SOURCE GLV Inc.
For further information: For further information: Marc Barbeau, CA, Executive Vice-President and Chief Financial Officer, (514) 284-2224, firstname.lastname@example.org; www.glv.com