BHW-Holding AG
BHW-Holding AG: BHW sells its insurance company holdings
BHW Holding AG / Strategic Company Decision/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. ---------------------------------------------------------------------- BHW Holding AG, Berlin, part of the Postbank Group, sells its insurance company holdings to Talanx AG, Hannover. The respective decisions by the executive bodies have been taken today. The purchase price for BHW Lebensversicherung AG and BHW Pensionskasse AG is between Euro 350m and Euro 400m. The transaction is part of the new set-up in Postbanks’ insurance activities, which includes the sale of all insurance holdings within the Postbank Group to Talanx AG. At the same time it enters a long term distribution agreement with Talanx in the field of life and accident insurance. The closing of this transaction is expected for October 2007, subject to approval by the regulatory bodies. Rüdiger Grimmert BHW Holding AG + 49 (0) 5151 184600 ruediger.grimmert@postbank.de DGAP 18.07.2007 ---------------------------------------------------------------------- Language: English Issuer: BHW Holding AG Lubahnstraße 2 31789 Hameln Deutschland Phone: +49 (0)5151 18-0 Fax: +49 (0)5151 18-4848 E-mail: ir@bhw.de Internet: www.bhw.de ISIN: DE0005223903 WKN: 522390 Indices: Listed: Amtlicher Markt in Frankfurt (Prime Standard), Hannover; Freiverkehr in Berlin, Düsseldorf, Hamburg, München, Stuttgart End of News DGAP News-Service ---------------------------------------------------------------------------
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