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Baader Bank AG — M&A Activity 2008
Dec 22, 2008
4539_rns_2008-12-22_cdef90d5-a7c4-48c9-98cc-8b9d7052b0bd.html
M&A Activity
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News Details
Ad-hoc | 22 December 2008 23:53
Baader Bank AG acquires N. M. Fleischhacker AG
Baader Bank AG / Acquisition
Release of an Ad hoc announcement according to § 15 WpHG, transmitted by
DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
Unterschleissheim (Germany), 22 December 2008
As of 1 January 2009, Baader Bank AG in Unterschleissheim will assume
control of N. M. Fleischhacker AG in Frankfurt. It is intended to continue
operating the securities trading bank as a subsidiary until further notice.
The parties agreed to uphold confidentiality regarding the purchase price.
The Board of Directors
Information and Explaination of the Issuer to this News:
The acquisition of N. M. Fleischhacker AG has enabled Baader Bank AG to
continue building on its position as a leading specialist in securities
trading on the Frankfurt Stock Exchange. The stock brokerage company,
established in 1902 by Moritz Fleischhacker, has always concentrated on
securities trading on Germany’s largest stock exchange. The spectrum of
securities managed by Fleischhacker ranges from domestic and foreign shares
on the regulated and unregulated market to bonds through to actively
managed funds. There are around 30 staff members employed at the
company.
Baader Bank AG
Thomas Spengler
Weihenstephaner Str. 4
85716 Unterschleissheim
Tel. 089/ 5150-1030
Fax 089/ 5150-2424
[email protected]
www.Baaderbank.de
22.12.2008 Financial News transmitted by DGAP
Language: English
Issuer: Baader Bank AG
Weihenstephaner Str. 4
85716 Unterschleissheim
Deutschland
Phone: +49 (0)89/ 5150-0
Fax: +49 (0)89/ 5150-2423
E-mail: [email protected]
Internet: www.Baaderbank.de
ISIN: DE0005088108
WKN: 508810
Listed: Regulierter Markt in Berlin, Frankfurt (Prime Standard),
München, Stuttgart; Freiverkehr in Hannover, Hamburg,
Düsseldorf
End of News DGAP News-Service