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Baader Bank AG — M&A Activity 2006
Jun 9, 2006
4539_rns_2006-06-09_bae9f665-743f-429a-827a-5a4a308c9a9c.html
M&A Activity
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News Details
Ad-hoc | 9 June 2006 12:59
Baader Wertpapierhandelsbank AG: Increase of the stake in Parsoli Corporation
Ad hoc announcement transmitted by DGAP – a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. —————————————————————————— Unterschleissheim, 6th June 2006 The Management Board of BAADER Wertpapierhandelsbank AG resolved to make an offer to Parsoli Corporation Ltd., Mumbai that BAADER Wertpapierhandelsbank AG intends to increase the stake in Parsoli Corporation Ltd. to 24,9% Parsoli Corporation Ltd. headquartered in Mumbai (Bombay), India, has approval from the Reserve Bank of India as a financial service provider and is a member of the National Stock Exchange of India and its associated derivates exchange. BAADER Wertpapierhandelsbank AG regards this as an opportunity of expanding in a growth market on an international basis in line with its core business areas, thus laying the foundation for further growth outside Germany. 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/ 5150-2424 [email protected] www.Baaderbank.de (c)DGAP 09.06.2006 ————————————————————————— Language: English Issuer: Baader Wertpapierhandelsbank AG Weihenstephaner Str. 4 85716 Unterschleissheim Deutschland Phone: +49 (0)89/ 5150-0 Fax: +49 (0)89/ 5150-1111 email: [email protected] WWW: www.Baaderbank.de ISIN: DE0005088108 WKN: 508810 indices: Listed: Amtlicher Markt in Berlin-Bremen, Frankfurt (Prime Standard), Stuttgart, München; Freiverkehr in Hamburg, Düsseldorf End of News DGAP News-Service —————————————————————————