In the past twenty years, we have lived through several cycles and we have always managed to buy under good terms and conditions at the right time. This has enabled us to build a solid group that is now the world number one.

Hard work certainly goes a long way. These days a lot of people work hard, so you have to make sure you work even harder and really dedicate yourself to what you are doing and setting out to achieve.

A strong player, which has the sufficient critical mass, can withhold pressure better and create a more stable environment that benefits shareholders as well as employees.

I have confidence that the government of Luxembourg will not make any decision that frustrates this transaction.

There will be no job cuts arising out of this merger in Europe - this is in the interest of jobs in Europe.

When people can see which direction the leaders are going in it becomes easier to motivate them.

We are pleased with the very positive reception our offer has received, and are confident that progress is being made towards establishing the regulatory framework for the offer.