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Celanese names Weidman chairman: offers support for Blackstone bid.

Asia Africa Intelligence Wire

| February 18, 2004 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From Chemical Business NewsBase - Chemical Week)

David Weidman, the present vice chairman and COO of Celanese will become chairman of the company's management board on 1 Nov 2004 following the retirement of Claudio Sonder on 31 Oct 2004. The CFO Perry Premdas will also leave on 31 Oct 2004 when his contract expires. A friendly takeover offer of EUR 32.50/share from Blackstone Group has …

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