Baader Bank AG — M&A Activity 2003

Aug 5, 2003

News Details

Ad-hoc | 5 August 2003 17:00

Baader Wp.handelsbank AG english

Baader acquires Hannig Wertpapierhandels GmbH Ad-hoc-announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– Baader acquires Hannig Wertpapierhandels GmbH Unterschleissheim, August 5, 2003 Baader Wertpapierhandelsbank AG, Unterschleissheim, has acquired Hannig Wertpapierhandels GmbH, Bad Soden, with effect from September 1, 2003. Hannig Wertpapierhandels GmbH currently manages over 1,200 order books for fixed- interest securities (German government securities, municipal bonds, mortgage bonds, etc.) on the Frankfurt Stock Exchange. The parties have agreed not to disclose the purchase price. end of ad-hoc-announcement (c)DGAP 05.08.2003 Issuer’s information/explanatory remarks concerning this ad-hoc-announcement: With this acquisition, Baader Wertpapierhandelsbank AG, Germany’s leading securities trading house, is expanding its portfolio in the area of specialist activities in fixed-interest securities on the Frankfurt Stock Exchange, thus driving ahead with its strategy of diversification within its core competency of securities trading. Baader Wertpapierhandelsbank AG will also continue to play an active role in the consolidation process within the sector. The Executive Board ************************* Published by: Baader Wertpapierhandelsbank AG Contact: Nico Baader Weihenstephaner Str. 4 85716 Unterschleissheim Germany Tel. +49 (0)89/ 5150-1030 Fax +49 (0)89/ 5150-1111 Nico.Baader@Baaderbank.de http://www.Baaderbank.de ——————————————————————————– WKN: 508810; ISIN: DE0005088108; Index: Listed: Amtlicher Markt in Berlin-Bremen, Frankfurt (Prime Standard), München und Stuttgart; Freiverkehr in Düsseldorf, Hamburg und Hannover 051700 Aug 03