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VERBUND AG — M&A Activity 2020
Jun 15, 2020
765_iss_2020-06-15_1a8ed836-a662-4c00-a589-050eddb5c5cb.pdf
M&A Activity
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DGAP-Ad-hoc: VERBUNDAG/ Keyword(s): Mergers &Acquisitions VERBUNDAG: Binding offer for the acquisition of a 51%stake inGas ConnectAustriaGmbH
15-Jun-2020 / 17:47 CET/CEST Disclosure of an inside information acc. toArticle 17 MARof the Regulation (EU) No 596/2014, transmitted byDGAP- a service of EQS GroupAG. The issuer is solelyresponsible for the content of this announcement.
On 12 March 2020, VERBUNDAG("VERBUND") issued insider information announcing that VERBUNDwas examining the financial and strategic aspects of a possible acquisition ofOMV's 51%stake inGas ConnectAustriaGmbH.After examining the proposal, the Executive Board of VERBUNDhas todaydecided to submit a binding offer toOMVfor the acquisition of its 51%stake inGas ConnectAustriaGmbH. The offer is subject to agreement between VERBUNDandOMVon the transaction contracts and the approval of the SupervisoryBoard. The offer is otherwise confidential.
Contact: Andreas Wollein Head ofGroup Finance, M&Aand Investor Relations T.: +43 (0)5 03 13 - 52604 F.: +43 (0)5 03 13 - 52694 mailto:[email protected]
15-Jun-2020 CET/CESTThe DGAPDistribution Services include RegulatoryAnnouncements, Financial/Corporate News and Press Releases. Archive atwww.dgap.de
| Language: | English |
|---|---|
| Company: | VERBUNDAG |
| Am Hof 6A | |
| 1010 Wien | |
| Austria | |
| Phone: | 0043-1-53113-52604 |
| Fax: | 0043-1-53113-52694 |
| E-mail: | [email protected] |
| Internet: | www.verbund.com |
| ISIN: | AT0000746409 |
| WKN: | 877738 |
| Indices: | ATX |
| Listed: | Foreign Exchange(s) Vienna Stock Exchange (Official Market) |
| EQSNews ID: | 1070347 |
End ofAnnouncement DGAPNews Service