M&A Activity • Sep 18, 2012
M&A Activity
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News Details
Takeover Bids | 18 September 2012 17:51
Takeover Offer;
Target company: vwd Vereinigte Wirtschaftsdienste Aktiengesellschaft; Bidder: Vienna GmbH
Dissemination of an announcement according to the German Securities
Acquisition and Takeover Act (WpÜG), transmitted by DGAP – a company of
EquityStory AG.
The bidder is solely responsible for the content of this announcement.
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Publication of the Decision to Make a Takeover Offer pursuant to Section 10
para. 1 in conjunction with Sections 29 and 34 of the German Securities
Acquisition and Takeover Act (Wertpapiererwerbs- und Übernahmegesetz
(WpÜG))
Bidder:
Vienna GmbH
c/o Carlyle Beratungs GmbH
Promenadeplatz 8
80333 Munich
Germany
registered with the Commercial Register of the Lower Court of Munich under
HRB 200612
Contact person (press): Katharina Gebsattel
Phone: +49 172 718 6857
Email: [email protected]
Target:
vwd Vereinigte Wirtschaftsdienste Aktiengesellschaft
Tilsiter Straße 1
60487 Frankfurt am Main
Germany
http://www.vwd.com
registered with the Commercial Register of the Lower Court of Frankfurt am
Main under HRB 81011
ISIN: DE0005204705 (WKN: 520470)
Listed (shares): Regulated Market (Regulierter Markt) of the Frankfurt
Stock Exchange (General Standard), as well as the regulated unofficial
market (Freiverkehr) of the stock exchanges of Berlin, Düsseldorf, Hamburg,
Munich und Stuttgart
The offer document and further information regarding the offer will be
published on the Internet at:
http://www.vienna-gmbh.com
Information by the Bidder:
Vienna GmbH (‘Bidder’) decided today to offer to the shareholders of vwd
Vereinigte Wirtschaftsdienste Aktiengesellschaft by way of a voluntary
public takeover offer to acquire their no-par value bearer shares in vwd
Vereinigte Wirtschaftsdienste Aktiengesellschaft (‘vwd Shares’) against
payment of a cash consideration of EUR 2.80 per vwd Share (‘Takeover
Offer’). The Bidder is a company that is indirectly controlled by the fund
Carlyle Europe Technology Partners II, L.P. (‘Carlyle’). In the course of
the envisaged transaction Carlyle is acting jointly with the shareholder
Edmund J. Keferstein as well as with Philipp Henrich and Prof. Dr. Lutz
Johanning, who are members of the management board and supervisory board of
EDG AG, which is a subsidiary of vwd Vereinigte Wirtschaftsdienste
Aktiengesellschaft.
The Takeover Offer will likely be made subject to clearance of the
competent cartel authorities and a minimum acceptance threshold of 90%
only. Several shareholders undertook vis-à-vis the Bidder to accept within
the acceptance period the Takeover Offer with regard to their vwd Shares
representing approx. 90.36% of the share capital of vwd Vereinigte
Wirtschaftsdienste Aktiengesellschaft.
The Bidder reserves the right, as far as legally permissible, to deviate in
the final terms and conditions of the Takeover Offer from the basic
information described herein.
Important Information:
This announcement is neither an offer to purchase nor a solicitation of an
offer to sell shares of vwd Vereinigte Wirtschaftsdienste
Aktiengesellschaft. The offer to purchase shares in vwd Vereinigte
Wirtschaftsdienste Aktiengesellschaft will only be made by the publication
of the offer document and solely on the basis of the provisions contained
therein. Investors and shareholders of vwd Vereinigte Wirtschaftsdienste
Aktiengesellschaft are strongly advised to read the offer document and all
other relevant documents regarding the Takeover Offer as soon as they are
published, since they will contain important information.
Munich, September 18, 2012
Vienna GmbH
End of WpÜG announcement
18.09.2012DGAP’s Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Listed: Regulierter Markt Frankfurt (General Standard); Freiverkehr Berlin,
Düsseldorf, Hamburg, München, Stuttgart
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