IDS Scheer AG
IDS Scheer AG: Planned merger with Software AG
IDS Scheer AG / Mergers & Acquisitions 03.02.2010 Dissemination 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. --------------------------------------------------------------------------- IDS Scheer AG: Planned merger with Software AG On 3 February 2010, Software AG and SAG Beteiligungs GmbH informed IDS Scheer AG that they plan to merge, firstly, SAG Beteiligungs GmbH and, secondly, IDS Scheer AG into Software AG in accordance with the provisions of the Transformation Act (UmwG). According to the relevant statutory provisions, a merger of IDS Scheer AG into Software AG would mean that the outstanding shareholders of IDS Scheer AG would have to be granted shares in Software AG in return for their shares in IDS Scheer AG on the basis of a ratio yet to be determined. Furthermore, Software AG and SAG Beteiligungs GmbH have invited the executive board of IDS Scheer AG to discuss all measures required in this respect. The executive board of IDS Scheer AG intends to accept this invitation in due course. The planned merger would be subject to the approval of IDS Scheer AG's general meeting of shareholders. Software AG and SAG Beteiligungs GmbH have proposed that for this purpose a general meeting of IDS Scheer AG's shareholders could take place in mid-2010. The executive board of IDS Scheer AG will also consider this proposal. Saarbrücken, 3 February 2010 IDS Scheer AG The Executive Board 03.02.2010 Ad hoc announcement, Financial News and Media Release distributed by DGAP. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: IDS Scheer AG Altenkesseler Straße 17 66115 Saarbrücken Deutschland Phone: +49 (0)681 210-1050 Fax: +49 (0)681 210-1231 E-mail: invest@ids-scheer.com Internet: www.ids-scheer.com ISIN: DE0006257009 WKN: 625700 Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Hannover, München, Hamburg, Stuttgart End of News DGAP News-Service ---------------------------------------------------------------------------
Latest News
Latest Reports
Upcoming Events
No Events found
Webcasts
No Webcasts found