DGAP-Ad-hoc: BayWa Group sells its stake in Vienna-based snacks manufacturer Kelly GmbH
BayWa AG / Disposal
Release of an Ad hoc announcement according to § 15 WpHG, transmitted by
DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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BayWa Group sells its stake in Vienna-based snacks manufacturer Kelly GmbH
RWA Raiffeisen Ware Austria AG, Vienna, a subsidiary of the BayWa Group,
sells its 25.1 % stake in Kelly GmbH, Vienna. This transaction requires
approval by the supervisory board. The company is Austria’s leading
manufacturer of snacks and achieved including participations sales of EUR
64 million in 2006. The participation was included in the consolidated
financial statements of the BayWa Group under the equity method. Purchaser
of the stake is a holding company of the Frankfurt based Metzler bank. The
sale will generate extraordinary earnings of EUR 21 million for the BayWa
Group.
BayWa Aktiengesellschaft, Arabellastraße 4, D - 81925 München, www.baywa.de
WKN 519406 // ISIN DE0005194062; WKN 519400 //
ISIN DE0005194005
Contact:
Lothar Schönberger, Tel. 089/9222-3692, E-Mail:
lothar.schoenberger@baywa.de
DGAP 04.07.2007
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Language: English
Issuer: BayWa AG
Arabellastraße 4
81925 München Deutschland
Phone: 089/ 9222-3692
Fax: 089/ 9222-3698
E-mail: presse@baywa.de
Internet: www.baywa.de
ISIN: DE0005194062
WKN: 519406
Indices:
Listed: Amtlicher Markt in Frankfurt (Prime Standard); Freiverkehr in
Berlin-Bremen, Düsseldorf, Hamburg, München, Stuttgart
End of News DGAP News-Service
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