Sanacorp Pharmaholding Aktiengesellschaft
Sanacorp Pharmahandel AG sells subsidiary
Ad-hoc-announcement transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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Sanacorp Pharmahandel AG sells subsidiary
By agreement of today Sanacorp Pharmahandel AG sold its wholly-owned
subsidiary Sanalog Logistik GmbH together with this latter’s core business.
Buyer is Celesio AG, Stuttgart. Sanalog Logistik GmbH is a pre-wholesaler for
pharmaceutical manufacturers. Its logistics sales alone totaled Euro 10.8
million in 2003 (not considering its function as a central warehouse for the
parent company); staff numbers stand at some 170 people.
The sale is deemed to be effected as soon as it will have been examined and
approved by the German Federal Cartel Authority.
The final purchase price will be determined on the basis of a closing balance
sheet to be prepared as of December 31, 2004. Beneficial interest will be
passed at that closing date. Based on the information currently available
Sanacorp Pharmahandel AG is confident that the sale will have a clearly
positive impact on its financial position and performance.
Planegg, October 18, 2004
Sanacorp Pharmahandel AG
The Board of Management
end of ad-hoc-announcement (c)DGAP 18.10.2004
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WKN: 716313; ISIN: DE0007163131; Index:
Listed: Amtlicher Markt in Frankfurt (Prime Standard) und München; Freiverkehr
in Berlin-Bremen, Düsseldorf, Hamburg und Stuttgart
181800 Okt 04
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