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UBS Homepage > Investor Relations > 07q3 > Quarterly Themes

Quarterly Themes
August 9, 2005

UBS in negotiations to sell its entire Motor-Columbus stake

At the beginning of August, we announced that we were in negotiations with a group of companies to sell our 55.6% stake in Motor-Columbus.

The Swiss minority shareholders of Motor-Columbus’s core holding Atel, EOS Holding and Atel as well as other Swiss electricity companies are taking part in the negotiations. French utility EDF, currently a minority shareholder of Motor-Columbus, is also considering participating.

Such a sale of the UBS stake in Motor- Columbus would create the opportunity to build a leading Swiss-European energy company with Swiss majority ownership. Negotiations are still in progress.

 

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