Baader Bank AG — M&A Activity 2003

Feb 14, 2003

News Details

Ad-hoc | 14 February 2003 16:00

Baader Wp.handelsbank AG english

Baader acquires Spütz Börsenservice GmbH Ad-hoc-announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– Baader acquires Spütz Börsenservice GmbH Unterschleissheim, February 14, 2003 Baader Wertpapierhandelsbank AG, Unterschleissheim, has acquired Spütz Börsenservice GmbH, Frankfurt, a subsidiary of Spütz AG, with retroactive effect from January 1, 2003. Spütz Börsenservice GmbH currently manages over 34,000 order books for structured products (warrants, certificates, etc.) in Frankfurt and Berlin. The parties have agreed not to disclose the purchase price. Notes: With this acquisition, Baader Wertpapierhandelsbank AG, Germany’s leading securities trading house, is expanding its portfolio in the area of market- making in structured products on the Frankfurt and Berlin Stock Exchanges, thus actively implementing its strategy of diversifying its range of securities services. The Executive Board ************************* Issued by: Baader Wertpapierhandelsbank AG Contact: Nico Baader Weihenstephaner Str. 4 85716 Unterschleissheim Germany Tel. +49 (0)89/ 5150-1030 Fax +49 (0)89/ 5150-2424 Nico.Baader@Baaderbank.de http://www.Baaderbank.de end of ad-hoc-announcement (c)DGAP 14.02.2003 ——————————————————————————– WKN: 508810; ISIN: DE0005088108; Index: SDAX Listed: Amtlicher Markt in Frankfurt (Prime Standard), Berlin, München, Stuttgart, Freiverkehr in Bremen, Düsseldorf, Hamburg, Hannover 141600 Feb 03