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DF Deutsche Forfait AG M&A Activity 2007

Nov 26, 2007

115_rns_2007-11-26_e0594a1a-5930-4da6-95f3-3e3cc9b3425b.html

M&A Activity

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News Details

Ad-hoc | 26 November 2007 15:43

DF Deutsche Forfait AG takes over forfaiting business from AON Forfaiting Limited

DF Deutsche Forfait AG / Acquisition/Alliance

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.


DF Deutsche Forfait AG takes over forfaiting business from AON Forfaiting
Limited

  • Opening of a London branch supports further positive development

Cologne, 26 November 2007 - DF Deutsche Forfait AG (ISIN: DE0005488795)
continues the expansion strategy it has been actively pursuing since its
IPO in May 2007 and today concluded an agreement with AON Trade Credit,
London, on taking over the forfaiting business of AON Forfaiting Limited as
of 30 November 2007. The two companies further agreed on an intensive
cooperation in generating and financing forfaiting operations.

Against this background, DF Deutsche Forfait is opening a London branch to
be managed by two very experienced forfaiting brokers previously working
for AON Forfaiting Limited. With the two new brokers’ long-standing
customer contacts, DF Deutsche Forfait will have excellent access to the
important corporate market in Britain which is highly attractive for the
forfaiting business due to the large number of export-oriented companies.

The Board expects the London branch to make a significant positive profit
contribution for DF Deutsche Forfait Group in the financial year 2008
already and to further diversify the earnings structure through the
complementary customer relations of AON Forfaiting Limited. This supports
the positive outlook for the further business development of DF Deutsche
Forfait in the coming months.

DF Deutsche Forfait AG
Media & Investor Relations
Kattenbug 18 - 24
50667 Cologne
T +49 221 97376-37
F +49 221 97376-60
E [email protected]
http://www.dfag.de

26.11.2007 Financial News transmitted by DGAP

Language: English
Issuer: DF Deutsche Forfait AG
Kattenbug 18-24
50667 Köln
Deutschland
Phone: +49 (0)221 - 973 76 0
Fax: +49 (0)221 - 973 76 76
E-mail: [email protected]
Internet: www.dfag.de
ISIN: DE0005488795
WKN: 548879
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Düsseldorf, München, Stuttgart

End of News DGAP News-Service