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Baader Bank AG — M&A Activity 2008
Mar 7, 2008
4539_rns_2008-03-07_9b9a908a-8a44-423d-bee1-3ca2df412e8f.html
M&A Activity
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News Details
Ad-hoc | 7 March 2008 19:00
Baader Wertpapierhandelsbank AG: New subsidiary DBM Deutsche Börsenmakler GmbH will be amalgamated with parent company
Baader Wertpapierhandelsbank AG / Merger
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.
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Unterschleissheim (Germany), 7 March 2008
DBM Deutsche Börsenmakler GmbH (DBM), Frankfurt, will be amalgamated with
its parent company, Baader Wertpapierhandelsbank AG, Unterschleissheim,
with retrospective effect from 1 January 2008. This has been resolved by
the Board of Directors of Baader Wertpapierhandelsbank AG.
The Board of Directors
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Information and Explaination of the Issuer to this News:
Explanatory remarks:
On 14 February of this year, Baader Wertpapierhandelsbank AG announced its
acquisition of DBM with retrospective effect from 1 January 2008. As at
31 December 2007, DBM’s equity amounted to around EUR 9.2 million, and net
profit for the period 2007 is around EUR 5.4 million.
DBM is the leading order book specialist in the trading of mutual funds.
Its market share on the Frankfurt Stock Exchange is around 60% in this
area, 30% on the Düsseldorf Stock Exchange and 100% on the Berlin Stock
Exchange. Furthermore, DBM is the order book manager for securitised
derivatives and shares on the Frankfurt Stock Exchange and order book
manager for bonds on the Düsseldorf Stock Exchange. Another of DBM’s
divisions is agency business for shares with national and international
banks. DBM is also the leading provider of financial portals for bonds
and mutual funds.
Publisher:
Baader Wertpapierhandelsbank AG
Contact: Thomas Spengler
Head of Corporate Communications
Weihenstephaner Strasse 4
85716 Unterschleissheim
Phone. +49 (0) 89 5150-1030
Fax +49 (0) 89 5150-2424
www.Baaderbank.de
07.03.2008 Financial News transmitted by DGAP
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Language: English
Issuer: Baader Wertpapierhandelsbank AG
Weihenstephaner Str. 4
85716 Unterschleissheim
Deutschland
Phone: +49 (0)89/ 5150-0
Fax: +49 (0)89/ 5150-1111
E-mail: [email protected]
Internet: www.Baaderbank.de
ISIN: DE0005088108
WKN: 508810
Listed: Regulierter Markt in Berlin, Frankfurt (Prime Standard),
Stuttgart, München; Freiverkehr in Hamburg, Düsseldorf
End of News DGAP News-Service
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