CECONOMY AG: CECONOMY AG comments on rumor concerning potential transaction of the Russian retail business
Media-Saturn-Holding GmbH (MSH), a majority shareholding of CECONOMY AG (CECONOMY), is currently in discussions with M.video about a potential disposal of the Russian retail business of Media-Saturn-Group and a concurrent acquisition of a minority stake in M.video by a Media-Saturn-Group company.
A decision if the transaction will be pursued has not yet been made. If and to which conditions the transaction will be signed is uncertain at this point in time.
CECONOMY will inform the capital market and the public about the progress and in compliance with the applicable legal requirements.
Person making the notification: Sebastian Kauffmann, Vice Presiden Investor Relations, CECONOMY AG
13-Apr-2018 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.deLanguage: English Company: CECONOMY AG Benrather Straße 18-20 40213 Düsseldorf
Germany Phone: +49 (0)211 5408-7223 Fax: +49 (0)211 6886-5500 E-mail: firstname.lastname@example.org Internet: www.ceconomy.de ISIN: DE0007257503, DE0007257537, Weitere: www.ceconomy.de/de/investor-relations/ WKN: 725750, 725753, Weitere: www.ceconomy.de/de/investor-relations/ Indices: MDAX Listed: Regulated Market in Dusseldorf, Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange End of Announcement DGAP News Service
674475 13-Apr-2018 CET/CEST