AEG 21604 G Manual do Utilizador descarregar pdf (Página 627)

100

101

F-386

30 Contingencies

Management of the Group believes that any legal proceedings incidental to the conduct of its business, including

employee related actions, are adequately reserved against in the consolidated financial statements or will not

result in any significant costs to the Group in the future.

31 Subsequent events

As indicated in note 5 above, the Company had intended to complete the sale of its Converters business to mem-

bers of the management team. This transaction which was scheduled to close on 20 February 2009 has now been

abandoned. Nevertheless the Company still intends to dispose of this activity during 2009.

As part of its normal mode of operation as a private equity firm, the manager of the majority shareholders of the

Company, Ripplewood Holdings L.L.C., is in discussions concerning the divestment of its interests in the Group.

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