Ad-hoc | 9 June 2006 12:59
Baader Wertpapierhandelsbank AG: Increase of the stake in Parsoli Corporation
Ad hoc announcement transmitted by DGAP – a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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Unterschleissheim, 6th June 2006
The Management Board of BAADER Wertpapierhandelsbank AG resolved to make an
offer to Parsoli Corporation Ltd., Mumbai that BAADER Wertpapierhandelsbank
AG intends to increase the stake in Parsoli Corporation Ltd. to 24,9%
Parsoli Corporation Ltd. headquartered in Mumbai (Bombay), India, has
approval from the Reserve Bank of India as a financial service provider and
is a member of the National Stock Exchange of India and its associated
derivates exchange.
BAADER Wertpapierhandelsbank AG regards this as an opportunity of expanding
in a growth market on an international basis in line with its core business
areas, thus laying the foundation for further growth outside Germany.
The Executive Board
Published by:
Baader Wertpapierhandelsbank AG
Contact: Nico Baader
Weihenstephaner Str. 4
85716 Unterschleissheim
Germany
Tel. +49 (0)89/ 5150-1030
Fax +49 (0)89/ 5150-2424
Nico.Baader@Baaderbank.de
www.Baaderbank.de
(c)DGAP 09.06.2006
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Language: English
Issuer: Baader Wertpapierhandelsbank AG
Weihenstephaner Str. 4
85716 Unterschleissheim Deutschland
Phone: +49 (0)89/ 5150-0
Fax: +49 (0)89/ 5150-1111
email: Info@Baaderbank.de
WWW: www.Baaderbank.de
ISIN: DE0005088108
WKN: 508810
indices:
Listed: Amtlicher Markt in Berlin-Bremen, Frankfurt (Prime Standard),
Stuttgart, München; Freiverkehr in Hamburg, Düsseldorf
End of News DGAP News-Service
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