M&A Activity • Mar 16, 2017
M&A Activity
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Corporate | 16 March 2017 09:31
EnBW Energie Baden-Württemberg AG: EnBW AG increases its shareholding in MVV Energie AG
DGAP-News: EnBW Energie Baden-Württemberg AG / Key word(s): Investment
16.03.2017 / 09:31
The issuer is solely responsible for the content of this announcement.
EnBW Energie Baden-Württemberg AG, Karlsruhe, concluded a purchase contract today with ENGIE Deutschland AG – part of the French ENGIE SA group – for the acquisition of 6.28 percent of the shares in the listed company MVV Energie AG, which has its headquarters in Mannheim. Due to this off-market transaction, EnBW has increased its existing shareholding in MVV to 28.76 percent. The acquisition is still subject to the approval of the responsible antitrust authorities.
EnBW will soon publish a separate press release and an Investor Relations newsletter.
EnBW Energie Baden-Württemberg AG
Corporate Communications
Durlacher Allee 93
76131 Karlsruhe
Telefon: +49 (07 21) 63-1 43 20
Telefax: +49 (07 21) 63-1 26 72
16.03.2017 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de
| Language: | English |
| Company: | EnBW Energie Baden-Württemberg AG |
| Durlacher Allee 93 | |
| 76131 Karlsruhe | |
| Germany | |
| Phone: | +49 (0)7 21 63-00 |
| E-mail: | [email protected] |
| Internet: | www.enbw.com |
| ISIN: | DE0005220008, DE000522024 |
| WKN: | 522000, 522002 |
| Listed: | Regulated Market in Frankfurt (General Standard), Stuttgart; Regulated Unofficial Market in Berlin, Munich, Tradegate Exchange |
| End of News | DGAP News Service |
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