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Korian Deutschland AG

EANS-Adhoc: CURANUM AG has signed the Letter of Intent for the acquisition of a group in Q2 2011

06.04.2011 – 17:50

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  ad-hoc disclosure pursuant to section 15 of the WpHG transmitted by euro
  adhoc with the aim of a Europe-wide distribution. The issuer is solely
  responsible for the content of this announcement.
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06.04.2011

CURANUM AG, Germany´s biggest stock market listed operator of care facilities, with a turnover of approximately 260 Mio EUR p. a., today has signed a Letter of Intent for the acquisition of a group operating several German care facilities with a turnover of 21 Mio EUR p. a. Subject to the Due Diligence results, the purchase price will be 8 Mio EUR. The transaction should be completed within the second quarter.

Munich, 6th April 2011

end of announcement                               euro adhoc
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Contact:

Caroline Lutz
Tel.: + 49 89 242065 17
E-Mail: ir@curanum.de

Branche: Healthcare Providers
ISIN: DE0005240709
WKN: 524070
Index: CDAX, Classic All Share, Prime All Share
Börsen: Frankfurt / regulated dealing/prime standard
Berlin / free trade
Hamburg / free trade
Stuttgart / free trade
Düsseldorf / free trade
München / regulated dealing

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