Ad-hoc | 25 October 2005 12:40
Deutsche Post AG: Deutsche Postbank acquires BHW
Ad hoc announcement §15 WpHG
Mergers and Acquisitions
Deutsche Post AG: Deutsche Postbank acquires BHW
Ad hoc announcement transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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Deutsche Postbank acquires BHW
Deutsche Postbank, majority owned by Deutsche Post World Net, acquires
according to today’s statutory resolutions 76.4% of the shares in BHW Holding
from the current majority shareholders BGAG (Beteiligungsgesellschaft der
Gewerkschaften) and BWB (Deutscher Beamtenwirtschaftsbund) and thus controls
more than 90% of BHW shares. The full exemption from all risks relating to
AHBR is condition to the contract. The maximum purchase price for 100% of the
BHW Holding shares (ex AHBR) is set at 1.79 billion Euro. The transaction will
be fully cash financed by Deutsche Postbank.
The legal transfer of BHW into Deutsche Postbank group is planned for January
1, 2006. The integration of BHW into Postbank will be managed under the lead
of Prof.Dr. Wulf von Schimmelmann.
Further information on the transaction are obtainable on Postbank’s website
(http.//www.postbank.com).
Deutsche Post AG
Charles-de-Gaulle-Straße 20
53113 Bonn
Deutschland
ISIN: DE0005552004 (DAX)
WKN: 555200
Listed: Amtlicher Markt in Berlin-Bremen, Düsseldorf, Frankfurt (Prime
Standard), Hamburg, Hannover, München und Stuttgart; EUREX
End of ad hoc announcement (c)DGAP 25.10.2005
251240 Okt 05