EANS-Adhoc: Curanum AG: Acquisition of six residential homes from GWA
-------------------------------------------------------------------------------- ad-hoc disclosure pursuant to section 15 of the WpHG transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is solely responsible for the content of this announcement. -------------------------------------------------------------------------------- 12.07.2011 On today´s session Curanum AG´s supervisory board agreed to the take over of the six residential homes from the Bremen based "Gesellschaft für Wohnen im Alter (GWA)". The contract of purchase was signed on July 8th 2011 under reserve of the consent of the supervisory board. GWA group generated a total revenue of 21 million EUR, achieving a positive result in 2010. The purchasing price amounts to about 9.2 million EUR. This purchasing price rises by 300,000.00 EUR all-in to compensate for seller´s expenses which incurred in connection with the transaction. Additionally the cash funds defined and warranted by contract will be reimbursed to the seller. The closing of the transaction is expected to occur on September 30th 2011. Munich, July 12th 2011 Further inquiry note: Caroline Lutz Tel.: + 49 89 242065 17 E-Mail: caroline.lutz@curanum.de end of announcement euro adhoc -------------------------------------------------------------------------------- issuer: CURANUM AG Engelbertstraße 23-25 D-81241 München phone: +49 (0)89 242065 60 FAX: +49 (0) 89 242065 10 mail: info@curanum.de WWW: http://www.curanum.de sector: Healthcare Providers ISIN: DE0005240709 indexes: CDAX, Classic All Share, Prime All Share stockmarkets: regulated dealing/prime standard: Frankfurt, free trade: Berlin, Hamburg, Stuttgart, Düsseldorf, regulated dealing: München language: English
Original content of: Korian GmbH, transmitted by news aktuell