euro adhoc: Advanced Medien AG
Mergers - Acquisitions - Takeovers /
Advanced Medien AG lays groundwork for company takeover (E)
Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
Munich, December 22, 2003 - The management board of Advanced Medien AG today announced that it submitted a non-binding, structured takeover proposal for an unlisted, Germany-based media company to the bank handling the transaction. Following a review of the business concept submitted by Advanced Medien AG, the company was included in the shortlist of bidders for the media company, which has a history of profitability.
The completion of the due diligence review and the preliminary decision of the seller are expected for late January. All parties agreed not to disclose the identity of the company that is up for sale before all negotiations have been successfully completed.
Advanced Medien AG The management board
end of announcement euro adhoc 22.12.2003
Contact:
Advanced Medien AG Haubrok Investor Relations GmbH
Susanne Rehm Michael Werneke
Theresienstrasse 140 Widenmayerstrasse 32
80333 München 80538 München
Tel.: +49 (0)89 613805-0 Tel.: +49 (0)89 21027-244
Fax: 089 613805-55 Fax: 089 21027-289
info@advanced-medien.de M.Werneke@haubrok.de
Branche: Media
ISIN: DE0001262186
WKN: 1260218
Index: CDAX, Classic All Share, Prime All Share, Prime Standard
Börsen: Frankfurter Wertpapierbörse / regulated dealing
Niedersächsische Börse zu Hannover / free trade
Berliner Wertpapierbörse / free trade
Bayerische Börse / free trade
Börse Düsseldorf / free trade
Baden-Württembergische Wertpapierbörse / free trade