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DGAP-Adhoc: Mutares to acquire majority stake in Nexive business of PostNL

eqs_en 
0 0 24.02.20
DGAP-Adhoc: Mutares to acquire majority stake in Nexive business of PostNL
 

DGAP-Ad-hoc: Mutares SE & Co. KGaA / Key word(s): Private Equity/Takeover
Mutares to acquire majority stake in Nexive business of PostNL

24-Feb-2020 / 07:00 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.

Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014

Mutares to acquire majority stake in Nexive business of PostNL

Munich/ The Hague, February 24, 2020 - Mutares SE & Co. KGaA (ISIN: DE000A2NB650) and PostNL have signed an agreement on the sale of a majority stake of 80% in the business of Nexive, the number-two mail and parcel provider in Italy and currently a full subsidiary of PostNL. PostNL will obtain a minority stake of 20% in the entity acquiring the Nexive business. The transaction is subject to a number of conditions and is expected to close in Q2, 2020.

For further information:

Mutares SE & Co. KGaA
Corinna Lumpp
Head of Investor Relations & Strategy
Phone +49 89 9292 7760
Email: [email protected]
www.mutares.com

Contact Press
CROSS ALLIANCE communication GmbH
Susan Hoffmeister
Phone +49 89 1250 90330
Email: [email protected]
www.crossalliance.de

24-Feb-2020 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de
Language: English
Company: Mutares SE & Co. KGaA
Arnulfstr.19
80335 Munich
Germany
Phone: +49 (0)89-9292 776-0
Fax: +49 (0)89-9292 776-22
E-mail: [email protected]
Internet: www.mutares.de
ISIN: DE000A2NB650
WKN: A2NB65
Indices: Scale 30
Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Stuttgart, Tradegate Exchange
EQS News ID: 981617

 
End of Announcement DGAP News Service

981617  24-Feb-2020 CET/CEST

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Mutares SE & Co. KgaA Stock

€40.95
0.860%
The Mutares SE & Co. KgaA stock is trending slightly upwards today, with an increase of €0.35 (0.860%) compared to yesterday's price.

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EQS Group is a leading international provider of regulatory technology in the fields of corporate compliance and investor relations. In working with EQS Group, thousands of companies worldwide inspire trust by fulfilling complex national and international disclosure obligations, minimizing risks and communicating transparently with stakeholders.




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