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VERBUND AG
M&A Activity • Mar 12, 2020
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M&A Activity
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News Details
Ad-hoc | 12 March 2020 08:28
VERBUND AG: Evaluation of a potential acquisition of a stake in Gas Connect Austria GmbH
VERBUND AG / Key word(s): Letter of Intent
VERBUND AG: Evaluation of a potential acquisition of a stake in Gas Connect Austria GmbH
12-March-2020 / 08:28 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.
The Executive Board of VERBUND AG informs that VERBUND AG evaluates the strategic and economic rationale of a potential acquisition of OMV’s 51% stake in Gas Connect Austria GmbH. Both companies have agreed exclusivity.
Contact:
Andreas Wollein
Head of Group Finance, M&A and Investor Relations
T.: +43 (0)5 03 13 – 52604
F.: +43 (0)5 03 13 – 52694
mailto:[email protected]
12-March-2020 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de
| Language: | English |
| Company: | VERBUND AG |
| 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) |
| EQS News ID: | 995523 |
| End of Announcement | DGAP News Service |