Scout24 AG / Key word(s): Mergers & Acquisitions
Scout24 AG confirms press articles that it is in advanced negotiations with a number of bidders, including the financial investor Hellman & Friedman, with regard to a sale of AutoScout24 which could be concluded within a short period of time. The purchase price offered by the bidder Hellman & Friedman significantly exceeds the amount of EUR 2.5bn stated in today's press coverage.
Neither the management board nor the supervisory board of Scout24 AG have granted the necessary approval to conclude such transaction.
Head of Investor Relations
Tel.: +49 89 44456 3278
|Phone:||+49 89 44456 - 0|
|Fax:||+49 89 44456 - 3000|
|Listed:||Regulated Market in Berlin, Frankfurt (Prime Standard); Regulated Unofficial Market in Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange; London|
|EQS News ID:||937233|
|End of Announcement||DGAP News Service|