C-QUADRAT Investment AG
C-QUADRAT Investment AG: C-QUADRAT Investment AG purchases a 50 % stake in Fonds & Co Fondsanteilsvermittlungs AG, Vienna
C-QUADRAT Investment AG / Acquisition 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. ---------------------------------------------------------------------- Vienna / Frankfurt, 13 June 2007. C-QUADRAT Investment AG, an independent European asset management company, purchases 50% of the shares in Fonds & Co Fondsanteilsvermittlungs AG of PRIVATINVEST BANK AG, Salzburg, subject to approval of the Austrian Financial Market Supervisory Authority. C-QUADRAT Investment AG already holds a 50% stake in Fonds & Co Fondsanteilsvermittlungs AG indirectly via its daughter company C-QUADRAT Germany AG and therefore will be 100% owner of the company, subject to approval of the Austrian Financial Market Supervisory Authority. C-QUADRAT aims at simplification of its group structure. By purchasing a 50% stake in Fonds & Co Fondsanteilsvermittlungs AG the first step shall be made. Additionally the possibility of full consolidation within the group and synergy effects in the fields of human resources and IT shall be achieved especially with regard to the transformation of the MiFID directive (Markets in Financial Instruments Directive). --------------------------------------------------------------------------- Information and Explaination of the Issuer to this News: C-QUADRAT, the fund company, is an independent asset manager operating throughout Europe. The company was established in 1991 and has had its own investment company since 2003. Within a few years, the company founded by Alexander Schütz and Thomas Rieß has become a team consisting of around 100 employees. The team has already made a name for itself throughout Europe with its asset management, analysis and investment fund management activities and by devising structured products. Many banks, insurance companies and financial companies operating internationally now rely on the expertise of C-QUADRAT. Roland Starha Head of Finance and Accounting Investor Relations Tel. +43-1-515 66 - 550 Fax +43-1-515 66 - 359 mailto:ir@c-quadrat.com http://www.c-quadrat.at/ DGAP 13.06.2007 ---------------------------------------------------------------------- Language: English Issuer: C-QUADRAT Investment AG Stubenring 2 A-1010 Wien Österreich Phone: (0043-1) 515 66-0 Fax: (0043-1) 515 66-159 E-mail: C-QUADRAT@investmentfonds.at www: www.C-QUADRAT.at ISIN: AT0000613005 WKN: A0HG3U Indices: Listed: Amtlicher Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin-Bremen, Stuttgart, Düsseldorf End of News DGAP News-Service ---------------------------------------------------------------------------
Latest News
Latest Reports
Upcoming Events
No Events found
Webcasts
No Webcasts found