DGAP-Adhoc

Vossloh Aktiengesellschaft: Vossloh signs contract for the sale of Rail Vehicles to Stadler Rail

Vossloh Aktiengesellschaft / Key word(s): Disposal

04.11.2015 06:11

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The Executive Board of Vossloh AG today signed a contract for the sale of
its Rail Vehicles business unit, reported as discontinued operations, to
Stadler Rail AG, Bussnang, Switzerland. For the purchase of the activities,
Stadler will afford a cash payment of EUR48 million and will, in addition,
take over debt liabilities of Vossloh AG against the business unit Rail
Vehicles of EUR124 million. The transaction is still subject to merger
control clearances, in particular. The completion is targeted for the first
quarter 2016. The transfer of Rail Vehicles to Stadler Rail takes place
with economic effect from 1 July 2015. The Supervisory board of Vossloh AG
already approved the transaction.


04.11.2015 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
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Language: English
Company: Vossloh Aktiengesellschaft
Vosslohstr. 4
58791 Werdohl
Germany
Phone: [phone] - 359
Fax: [phone] - 219
E-mail: [e-mail]
Internet: www.vossloh.com
ISIN: DE0007667107
WKN: 766710
Indices: SDAX
Listed: Regulated Market in Dusseldorf, Frankfurt (Prime Standard);
Regulated Unofficial Market in Berlin, Hamburg, Hanover,
Munich, Stuttgart

End of Announcement DGAP News-Service

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