AI assistant
Porr AG — M&A Activity 2017
Jul 21, 2017
755_iss_2017-07-21_28df4ddd-e623-4a9a-a03f-84895041054c.pdf
M&A Activity
Open in viewerOpens in your device viewer
publication: 21.07.2017 13:20 source: http://adhoc.pressetext.com/news/1500636000045 keywords: PORR AG / Economy / Stock Exchange
Public disclosure of inside information according to article 17 MAR
PORR AG: PORR signs transfer agreements for takeover of Hinteregger Group
Vienna (pta017/21.07.2017/13:20) - In May 2017 PORR announced the basic agreement with the shareholders of the Hinteregger Holding on PORR taking an equity interest in the long-standing Salzburg company.
The requisite transfer agreements were signed today. The Hinteregger Group will be completely consolidated into the Group of PORR AG. 100% of the shares in the DYWIDAG Group will be transferred to the ownership of the family G. Klaus Hinteregger. The purchase price for the Hinteregger Group amounts to around EUR 29.8m.
Closing of the transaction is subject to further conditions, especially approval by the relevant competition authorities.
Contact: Sandra C. Bauer Head of Corporate Communications, Corporate Spokesperson PORR AG T. +43 (0)50 626-3338 M. +43 (0)664 626-3338 sandra.bauer*@*porr.at porr-group.com
| emitter: | PORR AG Absberggasse 47 1100 Wien Austria |
|---|---|
| contact person: | Dir. Prok. Rolf Petersen |
| phone: | +43 50626-1199 |
| e-mail: | [email protected] |
| website: | www.porr-group.com |
| ISIN(s): | AT0000609607 (share), AT0000A19Y28 (bond), AT0000A19Y36 (bond), DE000A1HSNV2 (bond), XS1555774014 (bond) |
| stock exchanges: | official trade in Vienna; basic board in Frankfurt |
News transmitted by pressetext.adhoc. The emitter is responsible for the content.