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#1
02-07-2007, 01:33 PM
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Bad news. BBS in bankruptcy
Not good news for BBS Kraftfahrzeugtechnik AG
 BBS Kraftfahrzeugtechnik stellt Insolvenzantrag 06.02.2007 16:37:00 Schiltach (aktiencheck.de AG) - Die BBS Kraftfahrzeugtechnik AG (ISIN DE0005196232/ WKN 519623), ein Anbieter von hochwertigen Leichtmetallrädern, meldete am Dienstag, dass sie am 2. Februar 2007 Insolvenzantrag gestellt hat. Obwohl zum Zeitpunkt der Antragstellung noch aussichtsreiche Verhandlungen zur Wiederherstellung der Zahlungsfähigkeit des Unternehmens geführt wurden, war Grund für die Antragstellung, dass die Gesellschaft in ernsthafte Liquiditätsschwierigkeiten geraten war und das Ende der Antragsfrist nach § 92 Abs. 2 des Aktiengesetzes vor dem Ablauf stand. Zuletzt zeichnete sich eine Lösung für die Wiederherstellung der Zahlungsfähigkeit des Unternehmens ab, die von den Großkunden des Unternehmens getragen werden sollte. Die Zusagen der Großkunden, die erforderliche Liquidität durch größere Vorfälligkeits-Zahlungen bereitzustellen, wurden auch erteilt. Die Umsetzung des Konzepts scheiterte aber in der Nacht zum 6. Februar 2007 am Widerstand einer der beteiligten Banken, obwohl die Gesellschaft den finanzierenden Banken zum Zwecke der Fortsetzung der Finanzierung Sicherheiten eingeräumt hatte. Eine Auffanglösung unter Ausklammerung der betreffenden Bank kam im Laufe des heutigen Tages nicht mehr zustande. Die Aktie von BBS Kraftfahrzeugtechnik notiert in Frankfurt derzeit unverändert bei 9,00 Euro. (06.02.2007/ac/n/nw) Quelle: Finanzen.net / Aktiencheck.de AG
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Multiple FIA International Speed Record Holder 
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#2
02-07-2007, 01:35 PM
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In english???
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#3
02-07-2007, 01:39 PM
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translation
BBS Automotive technology puts insolvency application 06.02.2007 16:37:00 Schiltach (aktiencheck.de AG) - the BBS Kraftfahrzeugtechnik AG (ISIN DE0005196232/WKN 519623), a supplier of high-quality light alloy wheels, announced on Tuesday that she has put in the insolvency application 2nd February, 2007. Although at the time of the application position still promising negotiations were led to the restoration of the solvency of the enterprise, reason was for the application position that the society had got in serious liquidity trouble and the end of the application term stood after §92 paragraph 2 of the stock law before the expiry. However, the conversion of the draft failed on the night of 6th February, 2007 because of the opposition of one of the involved banks, although the society had put away for the financing banks for the purpose of the continuation of the financing securities. A rallying solution under factoring out of the concerning bank came about in the course of the today no more. The stock of automotive technology BBS is quoted in Frankfurt nowadays consistently with 9.00 euros. (06.02.2007 / ac/n/nw) To spring: Finanzen.net / Aktiencheck.de AG
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"It's a funny thing about a porsche... There's the moment you know you want one... There's the moment you first own one... And for the truly afflicted there's a decade or two that passes in between." 02 911 Turbo Stage 4 Last edited by STEVE KOJASEVIC; 02-07-2007 at 01:43 PM.
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#4
02-07-2007, 01:40 PM
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Emergency good news for BBS automotive technology AG BBS automotive technology places insolvency request 06.02.2007 16:37:00 Scold oh (aktiencheck.de AG) - the BBS automotive technology AG (ISIN DE0005196232/ WKN 519623), an offerer of high-quality light alloy wheels, announced on Tuesday that it placed 2007 insolvency request on 2 February. Although to the time of the filing of an application still promising negotiations were led to the re-establishment of the solvency of the enterprise, was reason for the filing of an application that the society was guessed/advised into serious liquidity difficulties and the end of the request period after § 92 Abs. stood for 2 of the law on limited companies before the expiration. A solution for the re-establishment of the solvency of the enterprise appeared last, which should be carried by the big customers of the enterprise. The promises of the big customers to make the necessary liquidity available by larger Vorfaelligkeits payments were also given. The conversion of the concept failed however at the night to 6 February 2007 because of the resistance of one of the banks involved, although the society had granted for the purpose of the continuation of the financing collateral to the financing banks. A catching solution under excluding the bank concerned did not come off in the course of the today's daily. The share of BBS automotive technology notes in Frankfurt at present invariably with 9,00 euro. (06.02.2007/ac/n/nw) Source: Finanzen.net/Aktiencheck.de AG
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The 996TT offers incredible performace and reliability with basic upgrades. To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts. 2002 X50. Dynoed at 516 RWHP on 91. Speed Gallery / Remus Exhaust, Billet diverter valves, EVO V-Flow Intake, GIAC K24 (91 Octane) flash and Speed Gallery Wastegate Springs (an absolute MUST), FVD PSS9s, 19" Champion RG5 Monolites (7mm spacers front and 15mm rear), rollled fenders.
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#5
02-07-2007, 01:48 PM
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__________________
Multiple FIA International Speed Record Holder
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#6
02-07-2007, 02:36 PM
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I thought they're doing pretty well, some manufacturers use BBS wheels and aftermarket is not bad either...
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To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts. Current ride: MB E55 Previous rides: To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts. | To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts. | To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts. | To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.
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#7
02-07-2007, 03:03 PM
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Quote:
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#8
02-07-2007, 03:22 PM
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I wouldnt be surprised if another co. decides to buy them out...
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#9
02-07-2007, 03:37 PM
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In the meantime...I'm glad I got mine!
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#10
02-07-2007, 03:43 PM
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Quote:
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James '07 997GT3RS -- Greeny To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts. '06 Cayman S -- White '05 996 TT-S -- Black GT??? '02 E39 S2 M5 -- Alpine White
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#11
02-07-2007, 03:50 PM
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does that mean a fire sale on BBS wheels???
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To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts. '02 996TT X-50 SY '04 cayenne S To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.
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#12
02-07-2007, 03:55 PM
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Quote:
__________________
To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts. Current ride: MB E55 Previous rides: To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts. | To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts. | To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts. | To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.
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#13
02-07-2007, 04:58 PM
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What does it mean for F1?
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Multiple FIA International Speed Record Holder
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#14
02-07-2007, 05:04 PM
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Quote:
Scold oh (aktiencheck.de AG) - the BBS automotive technology AG (ISIN DE0005196232/WKN 519623), an offerer of high-quality light alloy wheels, announced on Tuesday that it placed 2007 insolvency request on 2 February. Although to the time of the filing of an application still promising negotiations were led to the re-establishment of the solvency of the enterprise, was reason for the filing of an application that the society was guessed/advised into serious liquidity difficulties and the end of the request period after § 92 exp. 2 of the law on limited companies before the expiration. A solution for the re-establishment of the solvency of the enterprise appeared last, which should be carried by the big customers of the enterprise. The promises of the big customers to make the necessary liquidity available by larger Vorfälligkeits payments were also given. The conversion of the concept failed however at the night to 6 February 2007 because of the resistance of one of the banks involved, although the society had granted for the purpose of the continuation of the financing collateral to the financing banks. A catching solution under excluding the bank concerned did not come off in the course of the today's daily. The share of BBS automotive technology notes in Frankfurt at present invariably with 9,00 euro
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