BKN International AG: Insolvency administration is evaluating strategic options - Commerzbank AG will assist talks with investors

BKN International AG / Insolvency

29.10.2009 

Dissemination of an Ad hoc announcement according to § 15 WpHG,
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Cologne, 29. October 2009
Heinrich C. Friedhoff, insolvency administrator of BKN International AG,
has mandated the M&A division of Commerzbank AG to seek for investors.
Commerzbank AG will evaluate the possibility to sell BKN International AG's
subsidiaries in Spain and Britain as well as its assets, especially the
portfolio of film rights, in total or in parts.
Preparations of the M&A process are currently underway. The approach of
investors is expected to start in mid November 2009.


Interested investors may directly contact Commerzbank AG, Corporate Finance
/ Mergers & Acquisitions, Theodor-Heuss-Allee 44-46, 60486 Frankfurt am
Main, ProjectToni@Commerzbank.com. Contact persons are Jörg Leussink,
Senior Director, and Harald Lohr, Senior Executive, Tel. +49 69 713-19611.




29.10.2009  Financial News transmitted by DGAP

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Language:     English
Company:      BKN International AG
              Gustav-Heinemann-Ufer 56
              50968 Köln
              Deutschland
Phone:        +49 (0)221 126082 0
Fax:          +49 (0)221 126082 20
E-mail:       investor-relations@bknkids.com
Internet:     www.bknkids.com
ISIN:         DE0005290704
WKN:          529070
Listed:       Regulierter Markt in Frankfurt (General Standard);
              Freiverkehr in Berlin, München, Düsseldorf, Stuttgart,
              Hamburg
 
End of News                                     DGAP News-Service
 
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