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Ad hoc: DELTON AG sells its majority stake in CEAG AG to Cardea Holding GmbH
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| 06/09/2008 |
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| Ad hoc: DELTON AG sells its majority stake in CEAG AG to Cardea Holding GmbH |
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Today, DELTON AG, Bad Homburg v. d. Höhe, Germany, has informed the management board of CEAG AG that they have entered today into a purchase agreement with Cardea Holding GmbH, Grünwald, a subsidiary of VTC Industrieholding GmbH, Munich, regarding the sale of their 76.82 per cent stake in CEAG AG’s share capital. The purchase agreement has been completed today.
Following the sale of DELTON AG’s stake to Cardea Holding GmbH the latter will make a manda-tory offer to the remaining shareholders of CEAG AG to purchase their CEAG shares in accor-dance with the requirements of German takeover law. The management board and the supervisory board of CEAG AG will issue a reasoned statement on the mandatory offer within two weeks after the publication of the offer document in accordance with applicable law.
Further information:
CEAG AG
Gudrun Richter
Investor Relations
Tel.: +49 – 2532 – 81 158
Email: richter@friwo.de
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CEAG AG