DGAP-Adhoc: vwd acquires 40 percent stake in Switzerland’s leading provider of portfolio services


vwd Vereinigte Wirtschaftsdienste AG / Acquisition

16.10.2008 

Release of a Adhoc News, transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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vwd is acquiring a 40% stake in the leading provider of portfolio services
in Switzerland

- The acquisition price totals CHF 3,200,000 
- vwd is expanding its market presence in Switzerland and gaining access 
  to the growth market of business process outsourcing in the financial
  services sector
- The acquisition is fully debt-financed 
- vwd obtains an option to acquire the remaining 60 percent of shares

Frankfurt a. M., October 16, 2008. vwd Vereinigte Wirtschaftsdienste AG
(regulated market, general standard, ISIN DE0005204705), a leading provider
of financial market information in German-speaking countries, is acquiring
a 40 percent stake in PortfolioNet AG of Switzerland. The share transfer
will take effect on Dec. 29, 2008. The seller of the share package is a
Swiss investor group. The acquisition price totals CHF 3,200,000.

The 40 percent stake in PortfolioNet AG and its subsidiary PC&S Portfolio
Consulting & Services AG, strengthens vwd group’s market presence in
Switzerland and enables the company to access the growth market of business
process outsourcing in the financial services sector. With their product
range and sales channels, the companies optimally complement the vwd
group’s existing activities in Switzerland. In addition, the investment
will allow the vwd group to firmly integrate PortfolioNet AG’s established
business model in the area of business process outsourcing into its own
range of products and solutions.

While the acquisition is fully debt-financed, the vwd group expects
PortfolioNet AG to immediately make a positive contribution to group
results even after allowance for financing costs. In addition to acquiring
the 40% stake in PortfolioNet AG, vwd Vereinigte Wirtschaftsdienste AG
obtained an option to purchase the remaining 60% of shares.

vwd Vereinigte Wirtschaftsdienste AG

The Management Board


Additional information:
vwd Vereinigte Wirtschaftsdienste AG
Tilsiter Straße 1 
60487 Frankfurt am Main 
Regulated Market Frankfurt, General Standard
ISIN: DE 000 520470 5 

Investor relations: 
Carsten Scharf
Tel: +49 (0) 69-50701-270
Fax: +49 (0) 69-50701-114
E-mail: investorrelations@vwd.com
http://www.vwd.com


DGAP 16.10.2008 
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Language:     English
Issuer:       vwd Vereinigte Wirtschaftsdienste AG
              Tilsiter Straße 1
              60487 Frankfurt am Main
              Deutschland
Phone:        +49 (0)69 50701-316
Fax:          +49 (0)69 50701-114
E-mail:       cscharf@vwd.com
Internet:     http://www.vwd.com
ISIN:         DE0005204705
WKN:          520470
Listed:       Regulierter Markt in Frankfurt (General Standard);
              Freiverkehr in Berlin, Stuttgart, München, Hamburg,
              Düsseldorf
End of News                                     DGAP News-Service
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