Zurich, Switzerland, August 9, 2006—According to a report from AFX News, Swiss industrial group Forbo Holding AG is seeking acquisitions and may finance any future deals with its own shares, according to chief executive, This Schneider.
Commenting on Forbo's recent expansion of holding of its own shares to over 5%, Schneider said, “"We require these shares for employee share option programmes as well as for possible acquisitions."
