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QSC AG
M&A Activity • Sep 18, 2018
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M&A Activity
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Ad-hoc | 18 September 2018 11:48
QSC AG resolves to enter into discussions with suitable investors regarding the potential sale of a majority stake or all shares in Plusnet GmbH
QSC AG / Key word(s): Miscellaneous
QSC AG resolves to enter into discussions with suitable investors regarding the potential sale of a majority stake or all shares in Plusnet GmbH
18-Sep-2018 / 11:48 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP – a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
QSC AG resolves to enter into discussions with suitable investors regarding the potential sale of a majority stake or all shares in Plusnet GmbH
Cologne, 18 September 2018. After various enterprises with business models complementing the business model of Plusnet GmbH have expressed their interest in acquiring Plusnet GmbH, the management board of QSC AG has decided, with consent of the supervisory board granted today, to enter into discussions with suitable investors regarding this strategic option. One precondition for a possible sale of a majority stake or of all shares in Plusnet GmbH is subject to the condition that the terms of such a sale are very attractive. All other strategic options for Plusnet GmbH, such as the further stand-alone development of the business or entering into co-operations, remain unaffected.
Contact:
QSC AG
Arne Thull
Head of Investor Relations
T +49 221 669 8724
F +49 221 669 8009
18-Sep-2018 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de
| Language: | English |
| Company: | QSC AG |
| Mathias-Brüggen-Straße 55 | |
| 50829 Cologne | |
| Germany | |
| Phone: | +49-221-669-8724 |
| Fax: | +49-221-669-8009 |
| E-mail: | [email protected] |
| Internet: | www.qsc.de |
| ISIN: | DE0005137004 |
| WKN: | 513700 |
| Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange |
| End of Announcement | DGAP News Service |