Bilfinger SE / Key word(s): Letter of Intent/Disposal
27.05.2013 20:46
Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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Bilfinger initiates sale of its concessions business
Due to the declining strategic role of the Concessions business segment,
Bilfinger intends to divest these activities. Business opportunities with
other units of the company, construction areas in particular, have
decreased significantly. Bilfinger will now begin concrete discussions with
potential buyers.
In its Concessions business segment, Bilfinger implements transport and
social infrastructure projects on the basis of long-term concession
contracts as a private partner to the public sector. Important markets
include Australia, North America and Europe. The project portfolio
currently comprises 16 projects to which equity of EUR254 million has been
committed.
27.05.2013 DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: Bilfinger SE
Carl-ReiÃ-Platz 1-5
68165 Mannheim
Germany
Phone: +49 (0621) 459-0
Fax: +49 (0621) 459-23 66
E-mail: sabine.klein@bilfinger.com
Internet: http://www.bilfinger.com
ISIN: DE0005909006
WKN: 590900
Indices: MDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard), Stuttgart;
Freiverkehr in Berlin, Düsseldorf, Hamburg, Hannover, München
End of Announcement DGAP News-Service
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DGAP-Adhoc: Bilfinger initiates sale of its concessions business
| Source: EQS Group AG