Ad-hoc | 7 December 2009 23:10
SINGULUS TECHNOLOGIES AG / Mergers & Acquisitions
07.12.2009
Dissemination 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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Ad hoc announcement pursuant to § 15 WpHG
SINGULUS TECHNOLOGIES AG Acquires 100 % of the Shares of Solar Technology
Company STANGL Ahead of Schedule
Kahl am Main, December 07, 2009 - The SINGULUS TECHNOLOGIES AG (SINGULUS),
Kahl, acquired the remaining 49 % of the STANGL Semiconductor Equipment AG
(STANGL), Fürstenfeldbruck near Munich. A relevant agreement was signed
today on December 7, 2009. SINGULUS expects the closing to be completed by
the end of the year and will own 100 % of the shares of STANGL after the
acquisition.
SINGULUS thus succeeded in advancing the purchase of the STANGL shares
ahead of plans and to pay a significantly lower purchase price than for the
first tranche in 2007.
With the complete acquisition of STANGL SINGULUS lays the foundation for an
even faster expansion in the Solar segment and participation in the future
growth in this market.
SINGULUS TECHNOLOGIES AG, Hanauer Landstraße 103,
D-63796 Kahl/Main, ISIN: DE0007238909, WKN: 723890
Contact:
Maren Schuster, Investor Relations, Tel.: + 49 (0) 6188 440 612,
Bernhard Krause, Corporate Communications, Tel.: + 49 (0) 6181 98280
20/+491709202924
07.12.2009 Financial News distributed by DGAP. Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: SINGULUS TECHNOLOGIES AG
Hanauer Landstrasse 103
63796 Kahl am Main
Deutschland
Phone: +49 (0)6188 440-105
Fax: +49 (0)6188 440-110
E-mail: bernhard.krause@go-metacom.de
Internet: www.singulus.de
ISIN: DE0007238909
WKN: 723890
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, München, Düsseldorf, Stuttgart, Hamburg
End of News DGAP News-Service
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