<

BILFINGER SE (FRA:GBF) Bilfinger SE: EQT today officially announced by press release the sale of all shares in Apleona Group GmbH. According to the announcement, the proceeds of the sale will result in a cash inflow of EUR 450 to 470 million to Bilfinger after closi

Transparency directive : regulatory news

06/12/2020 23:50

DGAP-Ad-hoc: Bilfinger SE / Key word(s): Agreement/Miscellaneous
Bilfinger SE: EQT today officially announced by press release the sale of all shares in Apleona Group GmbH. According to the announcement, the proceeds of the sale will result in a cash inflow of EUR 450 to 470 million to Bilfinger after closing of the tr

06-Dec-2020 / 23:50 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


EQT today officially announced by press release the sale of all shares in Apleona Group GmbH. According to the announcement, the proceeds of the sale will result in a cash inflow of EUR 450 to 470 million to Bilfinger after closing of the transaction, which EQT expects to take place in the second quarter of 2021. Based on the current book value of EUR 240 million, the transaction would result in a capital gain of more than EUR 200 million.
 
This is the result from the Company's Preferred Participation Note (PPN) to Apleona, which, in case of a sale, would result in a share of approximately 49 percent of the sales proceeds after deduction of debt. The PPN relates to the sale of Bilfinger's Building and Facility Services business (now: Apleona) to EQT in September 2016; the purchase price included a cash consideration as well as two non-cash components. A purchase price deferral was already repaid by Apleona to Bilfinger in 2019. With the exercise of the PPN, this former sale will now be fully completed.

06-Dec-2020 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de


Language: English
Company: Bilfinger SE
Oskar-Meixner-Straße 1
68163 Mannheim
Germany
Phone: +49 (0621) 459-0
Fax: +49 (0621) 459-23 66
E-mail: ir@bilfinger.com
Internet: http://www.bilfinger.com
ISIN: DE0005909006
WKN: 590900
Indices: SDAX
Listed: Regulated Market in Frankfurt (Prime Standard), Stuttgart; Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Tradegate Exchange; Luxembourg Stock Exchange
EQS News ID: 1153080

 
End of Announcement DGAP News Service

1153080  06-Dec-2020 CET/CEST

fncls.ssp?fn=show_t_gif&application_id=1153080&application_name=news&site_id=symex

BILFINGER SE's latest news


29/01/2024 12:15
30/11/2022 15:24
23/11/2022 19:43
23/11/2022 19:33
22/11/2022 16:03
15/11/2022 10:43
08/11/2022 17:53
08/11/2022 10:55
02/11/2022 15:56
25/10/2022 16:03


Other stories

28/03/2024 13:07
28/03/2024 11:55
28/03/2024 08:35
28/03/2024 13:15
28/03/2024 13:14
28/03/2024 03:30
28/03/2024 13:02
28/03/2024 13:13
27/03/2024 15:29
28/03/2024 07:27
28/03/2024 09:56
28/03/2024 09:58
28/03/2024 12:18
28/03/2024 03:30
28/03/2024 13:35
28/03/2024 10:07
28/03/2024 09:59
28/03/2024 11:16
28/03/2024 08:32
28/03/2024 10:31
27/03/2024 01:33
27/03/2024 17:00
28/03/2024 12:51
28/03/2024 09:01
28/03/2024 10:13
27/03/2024 21:04
28/03/2024 11:20
27/03/2024 20:46
28/03/2024 08:17
28/03/2024 09:47
27/03/2024 21:46
27/03/2024 20:21
28/03/2024 09:31
27/03/2024 20:12
28/03/2024 08:50
28/03/2024 10:58
28/03/2024 02:42
28/03/2024 07:33