Ad-hoc | 17 April 2007 08:36
GEA Group Aktiengesellschaft / Disposal
Release of an Ad hoc announcement according to § 15 WpHG, transmitted by
DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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Bochum, April 17, 2007: GEA Group Aktiengesellschaft sells its plant
engineering subsidiary Lurgi, Frankfurt am Main, to Air Liquide S.A.,
Paris, a worldwide producer of industrial and medical gases. The contract
was signed today. The disinvestment is based on an Equity Value of
approximately EUR 550 million which is equivalent to an Enterprise Value of
EUR 200 million - including the assumption of Lurgi’s cash position as well
as its pension and similar liabilities. The transaction is subject to the
approval of the relevant antitrust authorities.
DGAP 17.04.2007
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Language: English
Issuer: GEA Group Aktiengesellschaft
Dorstener Straße 484
44809 Bochum Deutschland
Phone: +49 (0)234 980-0
Fax: +49 (0)234 980-1004
E-mail: investor.relations@geagroup.com
www: www.geagroup.com
ISIN: DE0006602006
WKN: 660200
Indices: MDAX
Listed: Amtlicher Markt in Berlin-Bremen, Frankfurt (Prime Standard),
Düsseldorf, Hamburg, München; Freiverkehr in Hannover,
Stuttgart
End of News DGAP News-Service
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