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Baader Bank AG — M&A Activity 2008
Feb 14, 2008
4539_rns_2008-02-14_ff9c3f99-d79e-4f19-adf5-aed55a33a26c.html
M&A Activity
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News Details
Ad-hoc | 14 February 2008 18:12
Baader Wertpapierhandelsbank AG: Baader Wertpapierhandelsbank AG acquires Deutsche Börsenmakler GmbH
Baader Wertpapierhandelsbank 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.
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Unterschleissheim (Germany), 14 February 2008
Baader Wertpapierhandelsbank AG, Unterschleissheim, has acquired Deutsche
Börsenmakler GmbH (DBM), Frankfurt 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. The
parties agreed to maintain confidentiality about the purchase price.
The Board of Directors
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Information and Explaination of the Issuer to this News:
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 specialist for securitised derivatives
and shares on the Frankfurt Stock Exchange and order book specialist 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.
Baader Wertpapierhandelsbank AG
Contact: Thomas Spengler
Head of Corporate Communications
Weihenstephaner Strasse 4
85716 Unterschleissheim
Tel. +49 (0) 89 5150-1030
Fax +49 (0) 89 5150-2424
www.Baaderbank.de
14.02.2008 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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