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  • Bastei Lübbe AG sells majority investment in BuchPartner GmbH

    Bastei Lübbe AG/ Key word(s): Disposal Bastei Lübbe AG sells majority investment in BuchPartner GmbH 28-March-2018/ 12:59 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

    Bastei Lübbe AG / Key word(s): Disposal
    Bastei Lübbe AG sells majority investment in BuchPartner GmbH

    28-March-2018 / 12:59 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.


    Ad hoc disclosure in accordance with section 17 MAR

     

    Bastei Lübbe AG sells majority investment in BuchPartner GmbH

    Cologne, 28 March 2018. Bastei Lübbe AG (ISIN DE000A1X3YY0), which is listed in the Prime Standard of the Frankfurt Stock Exchange, has signed an agreement to dispose of the 51% investment in the book wholesaler BuchPartner GmbH based in Darmstadt. The buyer is the Gellert family, who is a 49% shareholder of BuchPartner GmbH. The Supervisory Board of Bastei Lübbe AG has already approved the transaction. The disposal is expected to be completed in the fourth quarter of the 2017/2018 financial year. It was agreed not to disclose the purchase price.

    Contact Bastei Lübbe AG:
    Barbara Fischer
    Head of Press and Public Relations
    Tel.: +49 (0)221 / 82 00 28 50
    E-Mail: barbara.fischer@luebbe.de

     


    28-March-2018 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
    Archive at www.dgap.de


    Language:English
    Company:Bastei Lübbe AG
    Schanzenstraße 6 - 20
    51063 Köln
    Germany
    Phone:02 21 / 82 00 - 0
    Fax:02 21 / 82 00 - 1900
    E-mail:investorrelations@luebbe.de
    Internet:www.luebbe.de
    ISIN:DE000A1X3YY0, DE000A1K0169
    WKN:A1X3YY, A1K016
    Listed:Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Stuttgart, Tradegate Exchange

     
    End of AnnouncementDGAP News Service

    Published on 28.03.2018