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EVN AG — M&A Activity 2020
Mar 5, 2020
742_rns_2020-03-05_15803621-3591-433c-b9a7-bc5fbb40f993.html
M&A Activity
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News Details
Corporate | 5 March 2020 13:33
EVN AG: Wiener Stadtwerke and EnBW conclude a purchase agreement for the acquisition of EVN shares held by EnBW
DGAP-News: EVN AG / Key word(s): Miscellaneous
05.03.2020 / 13:33
The issuer is solely responsible for the content of this announcement.
With reference to the notification received today that Wiener Stadtwerke GmbH and EnBW Trust e.V. have concluded a purchase agreement for the acquisition of a stake in EVN AG, we would like to issue a first statement:
“The Supervisory Board and Executive Board of EVN AG would like to thank the long-time investor EnBW and its representatives for their good cooperation.
In view of the challenges and opportunities related to climate change and the system transformation towards a renewable and secure energy future, EVN, as a listed energy and environmental services provider, welcomes the involvement of Wiener Stadtwerke GmbH as a future shareholder. A stable, long-term shareholder structure with the province of Lower Austria as the majority shareholder creates a sound basis for EVN to master the challenges of the future.”
05.03.2020 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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| Language: | English |
| Company: | EVN AG |
| EVN Platz | |
| 2344 Maria Enzersdorf | |
| Austria | |
| Phone: | +43-2236-200-12294 |
| E-mail: | [email protected] |
| Internet: | www.evn.at |
| ISIN: | AT0000741053 |
| WKN: | 074105 |
| Indices: | ATX |
| Listed: | Foreign Exchange(s) Vienna Stock Exchange (Official Market) |
| EQS News ID: | 990405 |
| End of News | DGAP News Service |