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STRABAG SE — M&A Activity 2015
Dec 7, 2015
761_iss_2015-12-07_88061630-56d1-460a-98ba-482b118935f7.pdf
M&A Activity
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EANS-Adhoc: STRABAG SE agrees with minority shareholders on 100 % takeover of Ed. Züblin AG
ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is solely responsible for the content of this announcement.
Mergers - Acquisitions - Takeovers/Contracts
The Management Board of STRABAG SE, as majority shareholder of Ed. Züblin AG, announces that it expects in all probability to reach a contractual agreement soon with the minority shareholders of Züblin on a complete takeover of the shares held by the latter in the Stuttgart/Germany-based company (42.74 %). Both sides have just confirmed an informal agreement on the most important conditions of the share transfer. The parties to this proposed transaction have agreed not to disclose any information on the conditions at this time. On the part of STRABAG SE, approval by the Supervisory Board is still required.
Further inquiry note: STRABAG SE
Diana Neumüller-Klein, CFA
Head of Corporate Communications
Tel: +43 664 8102575
| [email protected] | |
|---|---|
| issuer: | STRABAG SE |
| Donau-City-Straße 9 | |
| A-1220 Wien | |
| phone: | +43 1 22422 -0 |
| FAX: | +43 1 22422 - 1177 |
| mail: | www.strabag.com |
| WWW: | [email protected] |
| sector: | Construction & Property |
| ISIN: | AT000000STR1, AT0000A05HY9 |
| indexes: | WBI, ATX Prime, ATX, SATX |
| stockmarkets: official market: Wien | |
| language: | English |
Aussendung übermittelt durch euro adhoc The European Investor Relations Service