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DGAP-Adhoc: Mutares has made an irrevocable offer to acquire Lapeyre SAS and its subsidiaries


DGAP-Ad-hoc: Mutares SE & Co. KGaA / Key word(s): Offer
Mutares has made an irrevocable offer to acquire Lapeyre SAS and its subsidiaries

09-Nov-2020 / 18:00 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014

NOT FOR PUBLICATION OR DISTRIBUTION IN OR WITHIN THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA, JAPAN OR ANY OTHER COUNTRY IN WHICH SUCH PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL

Mutares has made an irrevocable offer to acquire Lapeyre SAS and its subsidiaries

Munich/Paris, 09 November, 2020 - Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has signed a binding offer to acquire the company Lapeyre SAS and its subsidiaries, a manufacturer and distributor of home renovation products, from Saint-Gobain (ISIN: FR0000125007).

The irrevocable offer is being studied by Saint-Gobain, will be presented to the worker's representatives' in order to obtain their opinion, and is subject to governmental/regulatory authorizations.

Disclaimer

This release is an ad hoc notification pursuant to Article 17 of Regulation (EU) No 596/2014 on market abuse. It is neither a financial analysis nor advice or recommendation relating to financial instruments, nor does it contain or constitute an offer of, or the solicitation of an offer to buy or subscribe for, securities of Mutares to any person in Australia, Canada, Japan, or the United States of America (the "United States") or in any jurisdiction to whom or in which such offer or solicitation is unlawful.

The securities referred to herein have not been and will not be registered under U.S. Securities Act of 1933, as amended (the "Securities Act") and may not be offered or sold in the United States or to, or for the account or benefit of, U.S. persons, absent such registration, except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act. Subject to certain exceptions, the securities referred to herein may not be offered or sold in Australia, Canada or Japan or to, or for the account or benefit of, any national, resident or citizen of Australia, Canada or Japan. The offer and sale of the securities referred to herein has not been and will not be registered under the Securities Act or under the applicable securities laws of Australia, Canada or Japan. There will be no public offer of the securities in the United States.

Certain statements in this ad hoc notification are forward-looking statements. By their nature, forward-looking statements involve a number of risks, uncertainties and assumptions that could cause actual results or events to differ materially from those expressed or implied by the forward-looking statements. These risks, uncertainties and assumptions could adversely affect the outcome and financial consequences of the plans and events described herein. No one undertakes any obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise. You should not place any undue reliance on forward-looking statements which speak only as of the date of this ad hoc notification.

For further information please contact:

Mutares SE & Co. KGaA

Investor Relations
Phone +49 89 9292 7760
Email: [email protected]
www.mutares.com

Press

CROSS ALLIANCE communication GmbH
Susan Hoffmeister
Phone +49 89 1250 90330
Email: [email protected]
www.crossalliance.de


09-Nov-2020 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de


Language: English
Company: Mutares SE & Co. KGaA
Arnulfstr.19
80335 Munich
Germany
Phone: +49 (0)89-9292 776-0
Fax: +49 (0)89-9292 776-22
E-mail: [email protected]
Internet: www.mutares.de
ISIN: DE000A2NB650
WKN: A2NB65
Indices: Scale 30
Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1146653

 
End of Announcement DGAP News Service

1146653  09-Nov-2020 CET/CEST

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Mutares SE & Co. KgaA Stock

€30.65
0.820%
The Mutares SE & Co. KgaA stock is trending slightly upwards today, with an increase of €0.25 (0.820%) compared to yesterday's price.
With 6 Buy predictions and not the single Sell prediction the community is currently very high on Mutares SE & Co. KgaA.
As a result the target price of 45 € shows a positive potential of 46.82% compared to the current price of 30.65 € for Mutares SE & Co. KgaA.
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