DGAP-Adhoc: HELLA GmbH & Co. KGaA: HELLA GmbH & Co. KGaA is evaluating strategic options for its wholesale activities and is conducting discussions with potential investors

2018. május 14., hétfő, 18:42





DGAP-Ad-hoc: HELLA GmbH & Co. KGaA / Key word(s): Market Report/Statement


HELLA GmbH & Co. KGaA: HELLA GmbH & Co. KGaA is evaluating strategic options for its wholesale activities and is conducting discussions with potential investors


14-May-2018 / 18:42 CET/CEST


Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.


The issuer is solely responsible for the content of this announcement.




Lippstadt, 14 May 2018 - HELLA GmbH & Co. KGaA is evaluating strategic options for its wholesale activities which are conducted under the roof of "Nordic Forum" and has initiated a corresponding structured auction process. In this context the company is currently conducting discussions with a selection of potential investors. Reports which suggest that HELLA has already taken a decision on the sale of the wholesale business and is close to entering into respective agreements, are incorrect. The HELLA management will take an unprejudiced decision in regard to the wholesale activities after the submission of final bids. Also, contrary to certain media reports, there is currently no preferred bidder.











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Language: English
Company: HELLA GmbH & Co. KGaA

Rixbecker Str. 75

59552 Lippstadt

Germany
Phone: +49 (0)2941 38-7125
Fax: +49 (0)2941 38-6647
E-mail: Investor.Relations@hella.com
Internet: www.hella.de/ir
ISIN: DE000A13SX22
WKN: A13SX2
Indices: MDAX
Listed: Regulated Market in Frankfurt (Prime Standard), Munich, Stuttgart; Regulated Unofficial Market in Berlin, Dusseldorf, Tradegate Exchange; Luxemburg





 
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