BRIEF

on VIB Vermögen AG (isin : DE0002457512)

VIB Vermögen AG Implements Merger-Related Squeeze-Out of BBI Minorities

VIB Vermögen AG, headquartered in Neuburg an der Donau, plans to merge BBI Bürgerliches Brauhaus Immobilien Aktiengesellschaft into VIB. The decision aims to optimize the group's structure.

The Managing Board of VIB, with the Supervisory Board's approval, resolved to transfer the shares of BBI's minority shareholders in exchange for cash compensation. This procedure follows Section 62 para. 5 UmwG in conjunction with Section 327a para. 1 AktG.

VIB, currently holding approximately 94.88% of BBI's share capital, proposed negotiations on a merger agreement and initiated the squeeze-out procedure. The specific amount of cash compensation for the minority shareholders has yet to be determined.

This action marks a significant strategic move for VIB Vermögen AG as it continues to streamline its organizational structure through targeted mergers.

R. P.

Copyright © 2024 FinanzWire, all reproduction and representation rights reserved. Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.

Click here to consult the press release on which this article is based

See all VIB Vermögen AG news