PRESS RELEASE
from STRABAG SE (isin : AT000000STR1)
EQS-Adhoc: STRABAG SE: After expiration of deadline: further negotiations of transaction to acquire parts of VAMED Group
EQS-Ad-hoc: STRABAG SE / Key word(s): Acquisition
STRABAG SE: After expiration of deadline: further negotiations of transaction to acquire parts of VAMED Group
11-March-2025 / 16:45 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group.
The issuer is solely responsible for the content of this announcement.
After expiration of deadline: further negotiations of transaction to acquire parts of VAMED Group
The purchase agreement for the acquisition of parts of VAMED Group, concluded in May 2024 between a joint holding company of STRABAG SE and PORR AG as the buyer on the one hand and VAMED AG (a group company of Fresenius SE & Co. KGaA of Germany) as the seller on the other, has not been fulfilled by the contractually agreed date. Among other things, approval from the relevant competition authority has not yet been obtained.
The purchase agreement includes VAMED-KMB Krankenhausmanagement und Betriebsführungsges.m.b.H. (VKMB) and VAMED Standortentwicklung und Engineering GmbH (VSG) with the technical operations management and construction projects divisions of Vienna General Hospital (AKH Wien), the Austrian project development business and the spa holdings in Austria.
The STRABAG-PORR consortium has therefore entered into further negotiations with the seller regarding the purchase agreement.
- Closing conditions of purchase agreement remain unfulfilled at contractually agreed date
- Negotiation of key points of transaction by STRABAG/PORR being continued
The purchase agreement for the acquisition of parts of VAMED Group, concluded in May 2024 between a joint holding company of STRABAG SE and PORR AG as the buyer on the one hand and VAMED AG (a group company of Fresenius SE & Co. KGaA of Germany) as the seller on the other, has not been fulfilled by the contractually agreed date. Among other things, approval from the relevant competition authority has not yet been obtained.
The purchase agreement includes VAMED-KMB Krankenhausmanagement und Betriebsführungsges.m.b.H. (VKMB) and VAMED Standortentwicklung und Engineering GmbH (VSG) with the technical operations management and construction projects divisions of Vienna General Hospital (AKH Wien), the Austrian project development business and the spa holdings in Austria.
The STRABAG-PORR consortium has therefore entered into further negotiations with the seller regarding the purchase agreement.
End of Inside Information
11-March-2025 CET/CEST News transmitted by EQS Group. www.eqs.com
| Language: | English |
| Company: | STRABAG SE |
| Donau-City-Straße 9 | |
| 1220 Vienna | |
| Austria | |
| Phone: | +43 1 22422 – 1089 |
| Fax: | +43 1 22422 - 1177 |
| E-mail: | investor.relations@strabag.com |
| Internet: | www.strabag.com |
| ISIN: | AT000000STR1 |
| Listed: | Vienna Stock Exchange (Official Market) |
| EQS News ID: | 2098772 |
| End of Announcement | EQS News Service |
2098772 11-March-2025 CET/CEST