Aurubis AG

WKN: 676650
ISIN: DE0006766504
Land: Deutschland

Nachricht vom 10.10.2018 | 14:16

Aurubis AG: European Commission expresses concerns in the merger-control proceedings regarding the sale of the segment Flat Rolled Products

Aurubis AG / Key word(s): Disposal
Aurubis AG: European Commission expresses concerns in the merger-control proceedings regarding the sale of the segment Flat Rolled Products

10-Oct-2018 / 14:16 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.

Aurubis AG: European Commission expresses concerns in the merger-control proceedings regarding the sale of the segment Flat Rolled Products

In the course of merger control proceedings regarding the sale of the segment Flat Rolled Products of Aurubis AG (Aurubis) to Wieland Werke AG (Wieland), the European Commission informed Aurubis and Wieland that clearance of the transaction can probably not be achieved with the proposed remedies.

Based on its preliminary assessment, the European Commission, in order to clear the transaction, would currently ask for further remedies that Wieland is not obliged to offer under the agreed Sale and Purchase Agreement. Therefore, in Aurubis' view, at this stage, execution of the transaction is not any longer more likely than not.

The Parties agreed that Wieland will continue the merger control proceedings in order to still achieve clearance of the transaction, in particular, based on a revised competitive assessment by the European Commission. Although Aurubis fully supports this approach, the Executive Board has identified strategic alternatives to the transaction as part of a contingency planning.

Contact:
Dr. Björn Carsten Frenzel
Leiter Konzernrechtsabteilung
E-Mail: c.frenzel@aurubis.com
Tel: +49 40 78 83 30 44

10-Oct-2018 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de

Language:	English
Company:	Aurubis AG
	Hovestrasse 50
	20539 Hamburg
	Germany
Phone:	+49 (0)40 / 78 83 - 31 78
Fax:	+49 (0)40 / 78 83 - 31 30
E-mail:	a.seidler@aurubis.com
Internet:	www.aurubis.com
ISIN:	DE0006766504
WKN:	676650
Indices:	MDAX
Listed:	Regulated Market in Frankfurt (Prime Standard), Hamburg; Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange


End of Announcement	DGAP News Service

Kurschart

Kursdetails anzeigen

Interaktiv

DGAP-Watchlist

zur Registrierung

Übersicht Indizes

weitere Indizes

Weitere News

weitere News anzeigen

Event im Fokus

Termine 2021

10. Juni 2021:Fachkonferenz Immobilien

14./15. Juli 2021: Fachkonferenzen Beteiligungsgesellschaften & Consumer/Leisure

13./14. Oktober 2021: Fachkonferenzen Finanzdienstleistungen/Technologie

10./11. November 2021: Fachkonferenzen Software/IT & Branchenmix

„Je nach aktueller Covid-19 Situation und den bestehenden Vorschriften für Versammlungen entscheidet sich ca. 5 Wochen vor dem Termin, in welcher Form die Konferenzen stattfinden.“

Details & Anmeldung

GBC-Fokusbox

Cryptology Asset Group PLC: 120 % Kurspotenzial

GBC Research hat mit der Coverage der Cryptology Asset Group PLC (ISIN: MT0001770107) begonnen. Die Bewertung der führenden europäischen Investmentgesellschaft für Krypto-Assets und Blockchain-Unternehmen erfolgte mittels der Berechnung des Net Asset Value (NAV). Unter Berücksichtigung aller Beteiligungen ergibt sich zum 05. Juli 2021 eine GBC-Fair-NAV-Bewertung in Höhe von 1,04 Mrd. EUR. Daraus ergibt sich ein NAV je Cryptology-Aktie von 358,43 EUR. Daher empfiehlt GBC Research die Cryptology-Aktie zum Kauf und sieht ein Kurspotenzial von über 120 %.

Zur Studie