Ad-hoc | 8 March 2018 09:26
Mutares AG: Review of exit options for commercial vehicle supplier STS Group
|
mutares AG / Key word(s): Private Equity/Disposal
The Executive Board of Mutares AG, which is listed on the Scale 30 at Frankfurt Stock Exchange, confirms that various strategic options are currently being prepared for a (partial) exit with respect to its portfolio company STS Group AG, including a structured sales process or an IPO. The decision as to whether, in what form, to what extent and at what precise date the planned phase-out is to take place for the current year is still open and depends on various factors.
For further information, please contact: Mutares AG Soh-Pih Mariette Nikolai Investor Relations & Corporate Communications Tel. +49 89 9292776-0 Fax +49 89 9292776-22 ir@mutares.de www.mutares.de
08-March-2018 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
|
| Language: | English |
| Company: | mutares AG |
| Arnulfstr.19 | |
| 80335 Munich | |
| Germany | |
| Phone: | +49 (0)89-9292 776-0 |
| Fax: | +49 (0)89-9292 776-22 |
| E-mail: | ir@mutares.de |
| Internet: | www.mutares.de |
| ISIN: | DE000A0SMSH2 |
| WKN: | A0SMSH |
| Listed: | Regulated Unofficial Market in Berlin, Frankfurt (Scale), Stuttgart, Tradegate Exchange |
| End of Announcement | DGAP News Service |