DGAP-Adhoc: VERBUND AG: Binding offer for the acquisition of a 51% stake in Gas Connect Austria GmbH

2020. június 15., hétfő, 17:47

DGAP-Ad-hoc: VERBUND AG / Key word(s): Mergers & Acquisitions

VERBUND AG: Binding offer for the acquisition of a 51% stake in Gas Connect Austria GmbH

15-Jun-2020 / 17:47 CET/CEST

Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.

The issuer is solely responsible for the content of this announcement.

On 12 March 2020, VERBUND AG ("VERBUND") issued insider information announcing that VERBUND was examining the financial and strategic aspects of a possible acquisition of OMV"s 51% stake in Gas Connect Austria GmbH. After examining the proposal, the Executive Board of VERBUND has today decided to submit a binding offer to OMV for the acquisition of its 51% stake in Gas Connect Austria GmbH. The offer is subject to agreement between VERBUND and OMV on the transaction contracts and the approval of the Supervisory Board. The offer is otherwise confidential.


Andreas Wollein

Head of Group Finance, M&A and Investor Relations

T.: +43 (0)5 03 13 - 52604

F.: +43 (0)5 03 13 - 52694


15-Jun-2020 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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Language: English

Am Hof 6A

1010 Wien

Phone: 0043-1-53113-52604
Fax: 0043-1-53113-52694
E-mail: investor-relations@verbund.com
Internet: www.verbund.com
ISIN: AT0000746409
WKN: 877738
Indices: ATX
Listed: Foreign Exchange(s) Vienna Stock Exchange (Official Market)
EQS News ID: 1070347

End of Announcement DGAP News Service

1070347  15-Jun-2020 CET/CEST

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