Public disclosure of inside information according to article 17 MAR
BWT AG: Potential Acquisition
Mondsee (pta021/13.04.2016/12:25 UTC+2) BWT AG is currently in discussions regarding a potential acquisition of the Culligan group ("Culligan"), an international water treatment provider headquartered in Rosemont, Illinois, USA (the "Transaction"). To date, BWT AG has not entered into any binding agreement regarding the Transaction and it is unclear whether any binding agreement will be achieved. Moreover, it is unclear whether Culligan will elect to pursue the Transaction or any other transaction (potentially also with other purchasers) at all. In particular, the parties' discussions are subject to the satisfactory completion of a due diligence review and the parties agreeing to and entering into satisfactory documentation. In case the discussions do result in a binding agreement regarding the Transaction, it is to be expected that the consummation of the Transaction will be subject to customary conditions precedent (such as the approval by the competent merger clearance authorities) to be agreed upon between the parties of such binding agreement. The financing of the Transaction could also comprise a capital increase of BWT AG. The suggested share price for such capital increase, if any, should be no more than EUR 19.50 per share. No details regarding such a capital increase, if any, have been determined yet.
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Emitter: |
BWT AG Walter-Simmer-Straße 4 5310 Mondsee Austria |
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Contact Person: | Gerhard Speigner | |
Phone: | +43 6232 5011-1112 | |
E-Mail: | gerhard.speigner@bwt-group.com | |
Website: | www.bwt-group.com | |
ISIN(s): | AT0000737705 (Share) | |
Stock Exchange(s): | Vienna Stock Exchange (Official Trade) |