DGAP-Adhoc: DAB Bank AG: Hypovereinsbank (Unicredit Bank AG) and BNP Paribas Reach an Agreement on the Sale of a Majority Interest in DAB Bank
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Source: EQS Group AG July 31, 2014 13:32 ET DGAP-Adhoc: DAB Bank AG: HypoVereinsbank (UniCredit Bank AG) and BNP Paribas reach an agreement on the sale of a majority interest in DAB Bank DABBankAG/Keyword(s):Mergers&Acquisitions/Disposal 31.07.201419:31 DisseminationofanAdhocannouncementaccordingto§15WpHG,transmitted byDGAP-aserviceofEQSGroupAG. Theissuerissolelyresponsibleforthecontentofthisannouncement. --------------------------------------------------------------------------- HypoVereinsbank(UniCreditBankAG)andBNPParibasreachanagreementon thesaleofamajorityinterestinDABBank Munich,July31,2014.TheManagementBoardofDABBankAG(WKN:507230), Munich,hasjustbeeninformedbyHypoVereinsbank(UniCreditBankAG), Munich,thattheManagementBoardofHypoVereinsbankhasreachedan agreementwithBNPParibasS.A.onthesaleofits81.4%%equitystakein DABBankAG.ApriceofEUR4.78persharewasagreed.Thus, HypoVereinsbank'sinvestmentisvaluedataroundEUR354million. TheSupervisoryBoardofHypoVereinsbankmuststillapprovethe transaction.Theclosingofthetransactionispending,subjecttothe approvalofthecompetentauthorities,particularlytheGermanFederal FinancialServicesSupervisoryOffice(BaFin)andthecartelauthorities. Basedontheinformationconveyedtoit,theManagementBoardofDABBank AGtakesagenerallypositiveviewofthisacquisition.Iftheintended transactioncomestofruitionand,asaconsequence,apublictakeoverbid ispresented,thecompetentcorporatebodieswillstudythecontentsof suchabidandissueastatement,inaccordancewiththeprovisionsoflaw. Contact: Ifyouhavequeries,pleasecontactCarolinReiter,DABBankAG,+4989500 [email protected]. 31.07.2014TheDGAPDistributionServicesincludeRegulatoryAnnouncements, Financial/CorporateNewsandPressReleases. Mediaarchiveatwww.dgap-medientreff.deandwww.dgap.de --------------------------------------------------------------------------- Language:English Company:DABBankAG LandsbergerStraÃe300 80687München Germany Phone:+49(0)89500681696 Fax:+49(0)8950068669 E-mail:[email protected] Internet:www.dab-bank.de ISIN:DE0005072300 WKN:507230 Listed:RegulierterMarktinFrankfurt(PrimeStandard);Freiverkehr inBerlin,Düsseldorf,Hamburg,Hannover,München,Stuttgart EndofAnnouncementDGAPNews-Service ---------------------------------------------------------------------------.