EANS-Adhoc: Österreichische Post AG
Austrian Post enters into exclusive
negotiations to acquire a stake in Aras Kargo, Turkey
-------------------------------------------------------------------------------- ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is solely responsible for the content of this announcement. -------------------------------------------------------------------------------- Mergers - Acquisitions - Takeovers 15.04.2013 Austrian Post and the owners of the Turkish parcel service provider Aras Kargo signed an exclusive negotiation agreement effective April 15, 2013 on talks relating to Austrian Post's potential acquisition of a minority stake in the company. 80% of Aras Kargo is currently in the hands of the Aras family, and 20% of the shares are owned by the publicly traded Turkish private equity company Is Girisim. It was agreed to maintain confidentiality on further details pertaining to the ongoing negotiations. Aras Kargo is one of the leading Turkish parcel service providers with annual revenue of approximately EUR 250m and about 46m parcels and 32m documents per year. The company boasts a nationwide network consisting of about 800 shops, 28 distribution centres and 2,600 delivery vehicles, and employs a work force of about 9,000 people. About Austrian Post: Austrian Post is Austria's leading logistics and postal services provider, with annual revenue of EUR 2.4 bn and approximately 23,000 employees. Its business operations focus on the transport and delivery of letters, direct mail items, print media and parcels. The branch network of Austrian Post featuring more than 1,900 company-operated and third-party operated postal service points ranks among the largest private customer networks in Austria and offers its customers high quality postal, banking and telecommunications products and services. Moreover, Austrian Post operates in twelve European markets, particularly in the parcel and logistics segment as well as in the field of unaddressed direct mail. Since the year 2006, Austrian Post has been publicly traded on the Prime Market of the Vienna Stock Exchange, and is also listed on the ATX index. Vienna, April 15, 2013 Further inquiry note: Austrian Post Mr. Harald Hagenauer Head of Investor Relations & Corporate Governance Tel.: +43 (0) 57767 30400 harald.hagenauer@post.at Austrian Post Ms. Ingeborg Gratzer Head of Press Relations & Internal Communications Tel.: +43 (0) 57767-24730 ingeborg.gratzer@post.at end of announcement euro adhoc -------------------------------------------------------------------------------- issuer: Österreichische Post AG Haidingergasse 1 A-1030 Wien phone: +43 (0)57767-0 mail: investor@post.at WWW: www.post.at sector: Transport ISIN: AT0000APOST4 indexes: ATX Prime, ATX stockmarkets: official market: Wien language: English
Original content of: Österreichische Post AG, transmitted by news aktuell