AI Terminal
Scout24 AG
M&A Activity • Dec 17, 2019
385_rns_2019-12-17_5c5959cf-b7af-40c1-995b-e493f30f46ee.html
M&A Activity
Open in ViewerOpens in native device viewer
News Details
Ad-hoc | 17 December 2019 18:27
Scout24 AG sells AutoScout24 for a purchase price of EUR 2.892bn
Scout24 AG / Key word(s): Mergers & Acquisitions
Scout24 AG sells AutoScout24 for a purchase price of EUR 2.892bn
17-Dec-2019 / 18:27 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP – a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
Scout24 AG and several subsidiaries on the one hand and the financial investor Hellman & Friedman on the other hand today signed a sale and transfer agreement under which the sellers sell all shares in AutoScout24 and Finanzcheck to Hellman & Friedman. The purchase price (prior to potential adjustments) amounts to EUR 2.892bn.
The management board and the supervisory board of Scout24 AG have approved the transaction. The consummation of the transaction is, in particular, subject to clearance by the competent regulatory authorities.
Notifying person:
Ursula Querette
Head of Investor Relations
Tel.: +49 89 44456 3278
E-Mail: [email protected]
17-Dec-2019 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de
| Language: | English |
| Company: | Scout24 AG |
| Bothestr. 11-15 | |
| 81675 Munich | |
| Germany | |
| Phone: | +49 89 44456 – 0 |
| Fax: | +49 89 44456 – 3000 |
| E-mail: | [email protected] |
| Internet: | www.scout24.com |
| ISIN: | DE000A12DM80 |
| WKN: | A12DM8 |
| Indices: | MDAX |
| Listed: | Regulated Market in Berlin, Frankfurt (Prime Standard); Regulated Unofficial Market in Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange; London |
| EQS News ID: | 938553 |
| End of Announcement | DGAP News Service |