Legal Proceedings Report • Oct 16, 2008
Legal Proceedings Report
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Ad-hoc | 16 October 2008 08:33
DEUTZ AG:3i announces arbitration action against DEUTZ AG in connection with acquisition of DEUTZ Power Systemens
DEUTZ AG / Legal Matter/Legal Matter
Release of an Ad hoc announcement according to § 15 WpHG, transmitted by
DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
Financial investor 3i, to which the Company transferred its gas engines and
diesel engines business for decentralised power generation (DEUTZ Power
Systems) in September 2007, announced to the Company that it will assert a
claim for reduction of the purchase price by way of arbitration action. The
action, if successful, would presumably have a significant impact on the
relevant annual results. 3i bases its claim on an alleged violation of
disclosure obligations in connection with the acquisition of DEUTZ Power
Systems. The Management Board has rejected the raised claims as being
without merit.
Sandra Siegele
Head of Investor Relations
Tel.:+49 (0) 221 822 2492
Fax: +49 (0) 221 822 2498
E-Mail: [email protected]
Language: English
Issuer: DEUTZ AG
Ottostraße 1
51149 Köln (Porz-Eil)
Deutschland
Phone: +49 (0)221 822 0
Fax: +49 (0)221 822 3525
E-mail: [email protected]
Internet: www.deutz.com
ISIN: DE0006305006
WKN: 630500
Indices: SDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard), Düsseldorf;
Freiverkehr in Berlin, Hannover, Hamburg, München, Stuttgart
End of News DGAP News-Service
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