EQS-Adhoc: action press AG: action press AG is in negotiations to acquire a majority stake in a competitor

EQS-Ad-hoc: action press AG / Key word(s): Acquisition
action press AG: action press AG is in negotiations to acquire a majority stake in a competitor

22-Sep-2022 / 20:03 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

action press AG is in negotiations to acquire a majority stake in a competitor

Frankfurt am Main/Hamburg, September 22, 2022 - action press AG photo agency group (Frankfurt/Hamburg) is in negotiations to acquire a majority stake in a competitor in the current fiscal year and has formed a corresponding capital market team. At present, the possible takeover is at an ongoing stage, with various issues to be resolved, including the details of financing.

22-Sep-2022 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com

Language:	English
Company:	action press AG
	Wielandstr. 3
	60318 Frankfurt am Main
	Germany
Phone:	+49 (0)69-15200320
E-mail:	moritz.hunzinger@actionpress.de
Internet:	https://www.actionpress-ir.de/
ISIN:	DE000A3ESE35
WKN:	A3ESE3
Listed:	Regulated Unofficial Market in Dusseldorf
EQS News ID:	1448741


End of Announcement	EQS News Service

1448741 22-Sep-2022 CET/CEST