DGAP-Ad-hoc: BayWa AG: BayWa subsidiary Turners & Growers Ltd. is in discussions about the acquisition of Apollo Apples Ltd.
BayWa AG / Key word(s): Statement
07.02.2014 10:57
Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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BayWa subsidiary Turners & Growers Ltd. is in discussions about the
acquisition of Apollo Apples Ltd.
BayWa subsidiary Turners & Growers Ltd. (T&G), a world-wide operating
exporter and producer of fresh fruit with seat in New Zealand, is currently
in discussions about a possible acquisition of Apollo Apples Ltd., an
exporter and producer of apples also based in New Zealand.
The discussions with the shareholders of Apollo Apples Ltd. are currently
still in an early stage. In particular, there has been no contractual
agreement between the parties so far. The outcome of the discussions is
currently still open. In particular, it is also still possible that there
will be no agreement on an acquisition of Apollo Apples Ltd. by T&G. In
case the discussions will be successful and result in a contractual
agreement on the acquisition of Apollo Apples Ltd., it is to be expected
that the consummation of the transaction will be subject to various
conditions.
Munich, 7 February 2014
BayWa AG
Executive Board
BayWa Aktiengesellschaft, Arabellastraße 4, 81925 München, Germany,
www.baywa.de
WKN 519406 // ISIN DE0005194062; WKN 519400 //
ISIN DE0005194005
Listed: Regulated Market in Frankfurt (Prime Standard), Munich; open market
in Berlin, Düsseldorf, Hamburg, Hannover, Stuttgart
Index: SDAX
Contact:
Marion Danneboom, BayWa AG, Head of PR/Corporate Communication,
tel. +49 (0)89/92 22-36 80, Fax +49 (0)89/92 22-36 98,
e-mail: marion.danneboom@baywa.de
07.02.2014 DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: BayWa AG
Arabellastraße 4
81925 München
Germany
Phone: 089/ 9222-3691
Fax: 089/ 9222-3698
E-mail: marion.danneboom@baywa.de
Internet: www.baywa.de
ISIN: DE0005194062, DE0005194005,
WKN: 519406, 519400,
Indices: SDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard), München;
Freiverkehr in Berlin, Düsseldorf, Hamburg, Hannover,
Stuttgart
End of Announcement DGAP News-Service
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