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Gigaset AG

M&A Activity Dec 17, 2010

183_rns_2010-12-17_5dbc77af-c9be-4342-956d-63365b770dcb.html

M&A Activity

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News Details

Corporate | 17 December 2010 13:01

ARQUES Industries AG: ARQUES sells Carl Froh

ARQUES Industries AG / Key word(s): Agreement

ARQUES Industries AG: ARQUES sells Carl Froh

17.12.2010 / 13:01

ARQUES sells Carl Froh

Munich, December 16, 2010 – ARQUES Industries AG has sold its subsidiary, Carl Froh, based in Sundern, to the management. The transfer of the shares will take place on January 01, 2011. The parties agreed not to disclose the purchase price. In the course of the sale the group financial liabilities are further reduced by approximately EUR 20 million.

Contact:

ARQUES Industries AG

Investor Relations

Email: [email protected]

Tel: 089/ 25 55 00 – 0

End of Corporate News

17.12.2010 Dissemination of a Corporate News, transmitted by DGAP – a company of EquityStory AG.

The issuer is solely responsible for the content of this announcement.

DGAP’s Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.

Media archive at www.dgap-medientreff.de and www.dgap.de


Language: English
Company: ARQUES Industries AG
Arnulf Office Park – Arnulfstraße 37-39
80636 München
Deutschland
Phone: +49 89/255500-0
Fax: +49 89/255500-200
E-mail: [email protected]
Internet: www.arques.de
ISIN: DE0005156004
WKN: 515600
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, München, Stuttgart
End of News DGAP News-Service
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106877  17.12.2010

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