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Baader Bank AG — M&A Activity 2004
Jul 30, 2004
4539_rns_2004-07-30_5d078199-0b1c-45f5-87c6-c6a2411adda1.html
M&A Activity
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News Details
Ad-hoc | 30 July 2004 12:28
Baader acquires Jörg D. Reuter Wertpapierhandels GmbH
Ad-hoc-announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– Baader acquires Jörg D. Reuter Wertpapierhandels GmbH Unterschleissheim, July 30, 2004 Baader Wertpapierhandelsbank AG, Unterschleissheim, has acquired Jörg D. Reuter Wertpapierhandels GmbH, Frankfurt. The company currently manages around 6,000 order books for warrants and certificates issued by Deutsche Bank AG at the Frankfurt Stock Exchange in the quality segment Smart-Trading for structured products. Baader Wertpapierhandelsbank AG will become market leader in the specialist activities for structured products on the Frankfurt Stock Exchange after the acquisition. Total turnover in this market segment on the Frankfurt Stock Exchange amounted to more than Euro 6 billion in the first 6 months 2004. The parties have agreed not to disclose the purchase price. The Executive Board end of ad-hoc-announcement (c)DGAP 30.07.2004 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 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. ************************* Published by: Baader Wertpapierhandelsbank AG Contact: Nico Baader Weihenstephaner Str. 4 85716 Unterschleissheim Germany Tel. +49 (0)89/ 5150-1030 Fax +49 (0)89/ 5150-2424 [email protected] http://www.Baaderbank.de ——————————————————————————– WKN: 508810; ISIN: DE0005088108; Index: SDAX Listed: Amtlicher Markt in Berlin-Bremen, Frankfurt (Prime Standard), München und Stuttgart; Freiverkehr in Düsseldorf, Hamburg und Hannover 301228 Jul 04