net mobile AG
net mobile AG: reports successful closing of the takeover of Bankverein Werther Aktiengesellschaft
net mobile AG / Key word(s): Acquisition CORPORATE NEWS net mobile AG reports successful closing of the takeover of Bankverein Werther Aktiengesellschaftnet mobile AG (ISIN: DE0008137852), a leading international full-service provider for mobile and interactive value-added services announced today the successful closing of the takeover of Bankverein Werther AG. After the closing net mobile AG has become 92.6 % shareholder of Bankverein Werter AG. Immediately prior to the closing some numbers of convertible bonds issued by Bankverein Werther AG have been converted. due to the conversion the equity of Bankverein Werther AG increaseb by app 1.5 Mio Euro. As of 1 November 2011, the Bankverein Werther AG will be fully incorporated into the group statement of net mobile AG. Bankverein Werther AG is a retail and commercial bank founded in 1877 with a full banking licence enabling the bank to operate throughout the EU. Bankverein Werther AG is a principle member of both MasterCard Europe and Visa Europe, and is a specialised provider of cards and payments products including white label, partner brand products and specialised innovative bank propositions. The acquisition was successfully financed by a capital increase with statutory subscription rights for shareholders. The capital increase strengthens net mobile AG's further equity and financial scope. net mobile AG's indirect majority shareholder NTT DOCOMO, INC has supported the capital increase. The shareholding of DOCOMO Deutschland GmbH, a 100 % subsidiary of NTT DOCOMO INC., in net mobile AG has been increased to 87.1 % by this transaction. Mr Theodor Niehues, CEO of net mobile AG, said: 'We are very happy to close the deal.It offers us a unique position in the field of mobile payment. This acquisition will strengthen our payment and interactive segment and opens up further growth opportunities.' Mr Danyon Lloyd, CEO of Bankverein Werther AG, said: 'We are very happy to be part of such a highly rated group. Together with our new colleagues we'll be able to become a world-class provider of online and mobile transaction banking.'
About net mobile AG
Media contact End of Corporate News 15.11.2011 Dissemination of a Corporate News, transmitted by DGAP – a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. DGAP’s Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de |
Language: | English | |
Company: | net mobile AG | |
Zollhof 17 | ||
40221 Düsseldorf | ||
Germany | ||
Phone: | +49 (0)211 970 20-0 | |
Fax: | +49 (0)211 970 20-999 | |
E-mail: | info@net-m.de | |
Internet: | www.net-m.de | |
ISIN: | DE0008137852 | |
WKN: | 813785 | |
Listed: | Freiverkehr in Berlin, Hamburg, München (m:access), Stuttgart; Open Market in Frankfurt | |
End of News | DGAP News-Service |
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