euro adhoc: Fortune Management Inc.
Mergers - Acquisitions - Takeovers /
FORTUNE Management Inc. receives regulatory approval for the acquisition of Van
Daalen International Ltd.
Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
Company Information
19.07.2007
Ad-hoc-Message
according to §15 WpHGFORTUNE Management Inc. receives regulatory approval for the acquisition of Van Daalen International Ltd.
Zug/Switzerland, July 19, 2007 - FORTUNE Management Inc. (General Standard, ISIN USU026281027, USU026281365, USU026281779; SIN: A0BLYY, A0ETG9, A0JC62), through its subsidiary FORTUNE Wealth Management Group AG, has received the outstanding regulatory approval by the Bahamian authorities for the acquisition of Van Daalen International Ltd. FORTUNE Wealth Management Group AG therewith reaches a critical mass for the further acquisition of wealth management firms.
(End of ad hoc release)
Profile of FORTUNE Management Inc.: FORTUNE Management Inc., Zug/Switzerland, is a publicly listed private equity firm. Its two business divisions are Private Equity Management and Principal Investments. Private Equity Management achieves consistent revenues from the management of specialised funds, whereas Principal Investments comprises direct investments (e.g. in bio-diesel manufacturer GATE or in the Swiss asset managers FORTUNE Wealth Management Group AG) with a view to capital gains. FORTUNE Management Inc. has subsidiaries in Zug, Zurich, Geneva, Luxemburg, Rotterdam, Würzburg and Vienna, as well as a branch in Dubai. The company's shares (ISIN: USU 026281027) are listed in the General Standard segment of Frankfurt Stock Exchange (symbol: FMI1) and on the DIFX in Dubai.
Contact: FORTUNE Management Inc. Hubertus Väth Phone +49 69 9441 8081 IR@fortune-management.com Bahnhofstrasse 10 P.O. Box 324 CH-6301 Zug
end of announcement euro adhoc 19.07.2007 08:43:18
Further inquiry note:
Michael Staab
New Mark Finanzkommunikation
Tel.: +49(0)69 94418097
E-Mail: michael.staab@newmark.de
Branche: Financial & Business Services
ISIN: USU026281027
WKN: A0BLYY
Börsen: Börse Berlin / free trade
Börse Stuttgart / free trade
Börse Düsseldorf / free trade
Börse Frankfurt / regulated dealing/general standard