M&A Activity • Dec 4, 2007
M&A Activity
Open in ViewerOpens in native device viewer
News Details
Corporate | 4 December 2007 18:00
HWA AG and Nasser Bin Khaled (NBK), Qatar, complete transaction successfully
HWA AG / Agreement/Strategic Company Decision
Release of a Corporate News, transmitted by DGAP - a company of EquityStory
AG.
The issuer / publisher is solely responsible for the content of this announcement.
HWA AG and Nasser Bin Khaled (NBK), Qatar, complete transaction
successfully
Qatar and Affalterbach, December 4, 2007 – Nasser Bin Khaled (NBK) Holding
and Frankfurt Stock Exchange listed company HWA AG, the motor sport
specialist, announced the signing of a binding letter of intent about the
purchase of 25% by the Qatar based Nasser Bin Khaled Holding (NBK). This
transaction was now successfully completed. The purchase price per share
was 27 Euro. Following the transaction, HWA AG shareholders Hans Werner
Aufrecht, Dörflinger Privatstiftung and marchsixteen held together about
60% of the German company’s shares and NBK held 25%.
Contact:
Hans-Jürgen Mattheis
HWA AG
Benzstraße 8
71563 Affalterbach
Phone: + 49/ (0) 7144/ 8717- 279
Fax: + 49/ (0) 7144/ 8718- 111
[email protected]
www.hwaag.com
04.12.2007 Financial News transmitted by DGAP
Language: English
Issuer: HWA AG
Benzstraße 8
71563 Affalterbach
Deutschland
Phone: +49 (0)7144 87 17-279
Fax: +49 (0)7144 87 17-111
E-mail: [email protected]
Internet: http://www.hwaag.com
ISIN: DE000A0LR4P1
WKN: A0LR4P
Listed: Freiverkehr in Berlin, Düsseldorf, München, Stuttgart; Entry
Standard in Frankfurt
End of News DGAP News-Service
Building tools?
Free accounts include 100 API calls/year for testing.
Have a question? We'll get back to you promptly.