UniCredit S.p.A.
UniCredito Italiano S.p.A.: BANK AUSTRIA SIGNS AGREEMENT TO ACQUIRE MAJORITY SHAREHOLDING IN UKRSOTSBANK IN UKRAINE
UniCredito Italiano S.p.A. / 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. ---------------------------------------------------------------------- UNICREDIT: BANK AUSTRIA SIGNS AGREEMENT TO ACQUIRE MAJORITY SHAREHOLDING IN UKRSOTSBANK IN UKRAINE Bank Austria Creditanstalt AG (BA-CA), responsible within the UniCredit Group for commercial banking activities in CEE, has signed an agreement to acquire approximately 95% of the share capital of Ukrsotsbank (USB) from the Group of investors represented by Interpipe Group. The acquisition of USB will reinforce the Group’s presence in Ukraine, one of the fastest growing markets in the region, where the UniCredit Group is already present through its subsidiaries HVB Ukraine and UniCredit Bank Ltd. Following the recent announcement of the acquisition of ATF Bank in Kazakhstan, this transaction represents a further step by the UniCredit Group to strengthen its leadership in the CEE/CIS area. The purchase price for the entire outstanding share capital of USB is US$2,070 million (€1,520 million at current exchange rates), plus an amount equal to the recent capital increase (currently estimated at around US$130 million or ca. €95 million) to be subscribed for by USB’s existing shareholders before completion of the transaction. The transaction is expected to be completed in the last quarter of 2007, and the purchase price will comprise a post-closing price adjustment based on USB’s net asset value at closing. The transaction will be financed entirely from BA-CA’s existing cash resources. Completion of the transaction is subject to the satisfaction of a number of conditions including, inter alia, receipt of all necessary regulatory authorizations and consents, such as the approvals of Bank of Italy and of the Austrian Financial Markets Authority, the approval of the National Bank of Ukraine, as well as approval of the local Anti-Monopoly authority and other conditions customary for a transaction of this nature. Credit Suisse and UniCredit Markets & Investment Banking acted as financial advisors to UniCredit and BA-CA, with Allen&Overy acting as legal advisor. Milan, 5 July 2007 Media Relations: +39 02 88628236; e-mail: MediaRelations@unicreditgroup.eu Investor Relations: +39 02 88628715; e-mail: InvestorRelations@unicreditgroup.eu DGAP 05.07.2007 ---------------------------------------------------------------------- Language: English Issuer: UniCredito Italiano S.p.A. Via San Protaso 1/3 20121 Milan Italien Phone: 0039 02 8862 2995 Fax: 0039 02 8862 3816 E-mail: maurizia.angelocomneno@unicredit.it Internet: www.unicredit.it ISIN: IT0000064854 WKN: 850832 Indices: Listed: Amtlicher Markt in Frankfurt (General Standard); Freiverkehr in Berlin-Bremen, Hannover, München, Hamburg, Düsseldorf, Stuttgart; Terminbörse EUREX End of News DGAP News-Service ---------------------------------------------------------------------------
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