Palatinate

DGAP-News: HORNBACH Holding announces start of acceptance period for public delisting offer for HORNBACH Baumarkt

Retrieved on: 
Friday, January 14, 2022 - 11:04am

HORNBACH Holding AG & Co. KGaA ("HORNBACH Holding") announces the publication of the offer document for the public delisting tender offer to all shareholders of HORNBACH Baumarkt AG ("HORNBACH Baumarkt"), for the acquisition of all outstanding shares not already held by HORNBACH Holding, following the approval by the German Federal Financial Supervisory Authority ("BaFin").

Key Points: 
  • HORNBACH Holding AG & Co. KGaA ("HORNBACH Holding") announces the publication of the offer document for the public delisting tender offer to all shareholders of HORNBACH Baumarkt AG ("HORNBACH Baumarkt"), for the acquisition of all outstanding shares not already held by HORNBACH Holding, following the approval by the German Federal Financial Supervisory Authority ("BaFin").
  • HORNBACH Baumarkt shareholders can accept the delisting offer by tendering their shares at an offer price of 47.50 in cash per HORNBACH Baumarkt share.
  • HORNBACH Baumarkt shareholders who wish to accept the delisting tender offer should contact their respective custodian bank or any other securities services company where their HORNBACH Baumarkt shares are being held.
  • Albrecht Hornbach, CEO of HORNBACH Holding, says: "We encourage all HORNBACH Baumarkt shareholders to accept our attractive offer prior to HORNBACH Baumarkt being delisted from the regulated market.

DGAP-News: HORNBACH Holding AG & Co. KGaA: HORNBACH Holding to take HORNBACH Baumarkt private

Retrieved on: 
Monday, December 20, 2021 - 1:11pm

DGAP-News: HORNBACH Holding AG & Co. KGaA

Key Points: 
  • DGAP-News: HORNBACH Holding AG & Co. KGaA
    HORNBACH Holding AG & Co. KGaA: HORNBACH Holding to take HORNBACH Baumarkt private
    The issuer is solely responsible for the content of this announcement.
  • HORNBACH Holding AG & Co. KGaA ("HORNBACH Holding") announces its intention to launch a public delisting tender offer to all shareholders of HORNBACH Baumarkt AG ("HORNBACH Baumarkt" or the "Company"), for the acquisition of all outstanding shares not already held by HORNBACH Holding AG & Co. KGaA, following a delisting agreement both companies have signed today.
  • Albrecht Hornbach, CEO of HORNBACH Holding, says: "The delisting of HORNBACH Baumarkt AG is a logical step in our company's journey.
  • HORNBACH Baumarkt was listed separately from HORNBACH Holding after its IPO in 1993 to help facilitate the international development of the Group.

DGAP-News: Noratis AG: Successful market entry: Noratis acquires 358 units in Bavaria

Retrieved on: 
Friday, May 29, 2020 - 8:01am

- Around 200 units in the Rhine-Main metropolitan region, almost 160 in Upper Palatinate

Key Points: 
  • - Around 200 units in the Rhine-Main metropolitan region, almost 160 in Upper Palatinate
    Eschborn, 29 May 2020 - Noratis AG (ISIN: DE000A2E4MK4, WKN: A2E4MK, "Noratis") reports its fourth acquisition in this year by buying a total of 358 units in Bavaria.
  • The majority, with 197 units, is situated in the Rhine-Main metropolitan region, in Erlenbach am Main, south of Aschaffenburg.
  • Another 161 units are located close to Regensburg in Upper Palatinate - in Schwandorf, Roding and Burglengenfeld to be precise.
  • The acquisition is not only the successful market entry in Bavaria but at the same time the consistent continuation of our growth course.