Deutsche Post AG

Legal Proceedings Report • Oct 25, 2005

News Details

Ad-hoc | 25 October 2005 12:40

Deutsche Post AG: Deutsche Postbank acquires BHW

Ad hoc announcement §15 WpHG Mergers and Acquisitions Deutsche Post AG: Deutsche Postbank acquires BHW Ad hoc announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. —————————————————————————— Deutsche Postbank acquires BHW Deutsche Postbank, majority owned by Deutsche Post World Net, acquires according to today’s statutory resolutions 76.4% of the shares in BHW Holding from the current majority shareholders BGAG (Beteiligungsgesellschaft der Gewerkschaften) and BWB (Deutscher Beamtenwirtschaftsbund) and thus controls more than 90% of BHW shares. The full exemption from all risks relating to AHBR is condition to the contract. The maximum purchase price for 100% of the BHW Holding shares (ex AHBR) is set at 1.79 billion Euro. The transaction will be fully cash financed by Deutsche Postbank. The legal transfer of BHW into Deutsche Postbank group is planned for January 1, 2006. The integration of BHW into Postbank will be managed under the lead of Prof.Dr. Wulf von Schimmelmann. Further information on the transaction are obtainable on Postbank’s website (http.//www.postbank.com). Deutsche Post AG Charles-de-Gaulle-Straße 20 53113 Bonn Deutschland ISIN: DE0005552004 (DAX) WKN: 555200 Listed: Amtlicher Markt in Berlin-Bremen, Düsseldorf, Frankfurt (Prime Standard), Hamburg, Hannover, München und Stuttgart; EUREX End of ad hoc announcement (c)DGAP 25.10.2005 251240 Okt 05