Wiener Städtische AG

euro adhoc: Wiener Städtische
Mergers - Acquisitions - Takeovers
Wiener Städtische sells participation in Kapital & Wert

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04.10.2005

Wiener Städtische is selling about 47% of the share in Kapital & Wert Vermögensverwaltung Aktiengesellschaft (ISIN: AT0000741301) to KERBLER & KOWAR Holding GmbH. The sales price amounts to EUR 11.0 per share and thus corresponds to the current price level of the Kapital & Wert share at the Vienna Stock Exchange. Wiener Städtische will further hold a stake of about 3% in Kapital & Wert AG.

Says Günter Geyer, CEO of Wiener Städtische: "This is another step in line with our long-term strategy to focus on the insurance business and to hold a stake of only 1 to 10% in excellent listed companies."

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ots Originaltext: Wiener Städtische
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:
Wiener Städtische Presseabteilung
Mag. Barbara Hagen-Grötschnig
Tel.: (01) 531 39-1027
Fax: (01) 531 39-3134
E-Mail: b.hagen@staedtische.co.at

Branche: Insurance
ISIN:      AT0000908504
WKN:        
Index:    ATX Prime
Börsen:  Berliner Wertpapierbörse / free trade
              Frankfurter Wertpapierbörse / free trade
              Wiener Börse AG / official market



Weitere Meldungen: Wiener Städtische AG

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