euro adhoc: Generali Holding Vienna AG
Buybacks
Generali Holding Vienna AG
is planning to go private
Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
06.03.2006
Generali Holding Vienna AG is planning to go private
The management board of Generali Holding Vienna AG has today resolved upon a nonproportional squeeze-out demerger of the company. This action will lead to a delisting of the share from the Vienna Stock Exchange in 2006. The price of the squeeze out will be determined by Generali Holding Vienna AG. Assicurazioni Generali S.p.A. has instructed KPMG to carry out a preliminary valuation of Generali Holding Vienna AG based on the discounted cashflow methodology prescribed by Austrian KFS/BW1 principles. Assicurazioni Generali S.p.A. has been advised by KPMG that, based on preliminary analysis, the valuation of Generali Holding Vienna AG is below the closing share price on 3rd March 2006 of EUR 46.60.
end of announcement euro adhoc 06.03.2006 06:58:12
Further inquiry note:
Generali Holding Vienna AG
Josef Hlinka
Tel.: (++43-1) 534 01-1375
Fax: (++43-1) 534 01-1593
mailto:josef.hlinka@generali.at
http://www.generali-holding.at
Branche: Insurance
ISIN: AT0000661350
WKN: 873075
Index: WBI, ATX Prime
Börsen: Börse Berlin-Bremen / free trade
Hamburger Wertpapierbörse / free trade
Frankfurter Wertpapierbörse / free trade
Baden-Württembergische Wertpapierbörse / free trade
Bayerische Börse / free trade
Wiener Börse AG / official dealing