Brief: DIC Asset Concentrates Its Logistics Business In VIB Vermoegen

BRANICKS AG

28/11/2022 07:55

Nov 28 (Reuters) - DIC ASSET AG  DICn.DE :
    * CONCENTRATES ITS LOGISTICS BUSINESS IN VIB VERMÖGEN AG AND
INCREASES ITS MAJORITY STAKE TO 68%
    * DIC POOLS ITS LOGISTICS BUSINESS IN VIB VIA CAPITAL
CONTRIBUTION
IN KIND
    * FUTURE FOCUS TO STRENGTHEN POSITION OF DIC IN LOGISTICS
ASSET
CLASS
    * POSITION AS LEADING PLATFORM FURTHER CONSOLIDATED
    * HIGH GROWTH POTENTIAL FOR ENTIRE DIC ASSET GROUP
    * BACKGROUND TO ACQUISITION OF ADDITIONAL SHARES IS A
CAPITAL
INCREASE AGAINST CONTRIBUTION IN KIND WORTH EUR 99 MILLION BY
ISSUING 4,872,761 NEW NO-PAR VALUE SHARES

Source text for Eikon:  ID:nEQ32txc9a 
Further company coverage:  DICn.DE 
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