DGAP-Adhoc: PlasmaSelect AG includes Italian affiliates NovaSelect and AltaSelect in joint venture with Diaco S.p.A. PlasmaSelect AG:

 | Quelle: EQS Group AG EQS Group AG 

PlasmaSelect AG / Joint Venture

14.11.2008 

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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Munich, 14.11.2008 – PlasmaSelect AG (Securities Code Number 547 180) has
achieved a further milestone in advancing its transformation from an
operational corporate holding in the healthcare sector into an investment
holding company. Today the Supervisory Board approved a joint venture with
the Triest-based Italian Diaco Group. In this, PlasmaSelect will sell its
Italian affiliates to an Austrian holding company which will simultaneously
acquire Laboratori Diaco Biomedicali S.p.A. ('LDB'), a
100 % subsidiary of Diaco S.p.A. PlasmaSelect will own 40 % of the holding,
while Diaco S.p.A. and a related company will hold 45% and 15%
respectively. The purchase prices are € 3 million for AltaSelect, € 8
million for NovaSelect and € 5 million for LDB, payable over five years
from the liquid profits of the holding company. As the purchase prices are
slightly below book value, PlasmaSelect anticipates a loss of approximately
€ 1 million from the move. Deconsolidation of the companies will go ahead
in the current fiscal year.

The action continues PlasmaSelect AG's consistent strategy of generating
added value and increasing shareholder value. It marks the approaching
completion of the restructuring and reorganization of the company's
healthcare division launched three quarters ago.
DGAP 14.11.2008 
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Language:     English
Issuer:       PlasmaSelect AG
              Pettenkoferstraße 22
              80336 München
              Deutschland
Phone:        +49 (0)89 810 29-0
Fax:          +49 (0)89 810 29-111
E-mail:       info@plasmaselect.de
Internet:     www.plasmaselect.de
ISIN:         DE0005471809, DE0005471809
WKN:          547180, 547180
Listed:       Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
              in Berlin, Stuttgart, München, Hamburg, Düsseldorf
End of News                                     DGAP News-Service
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