XING group "Unternehmensbewertung & Spruchverfahren"

https://www.xing.com/communities/groups/unternehmensbewertung-and-spruchverfahren-1799-1077308

Squeeze-out initiated for GfK SE

Acceleratio Capital N.V., a holding company controlled by funds advised by Kohlberg Kravis Roberts & Co. L.P. (together with affiliates, "KKR"), initiated a squeeze-out of minority shareholders against payment of a cash compensation in order to acquire all shares in GfK SE.

As announced before, Acceleratio Capital N.V. and GfK Verein together held more than 75 percent of the share capital and voting rights of GfK SE following completion of the voluntary public takeover offer. In addition, Acceleratio Capital N.V. together with affiliates has acquired GfK shares off-market corresponding to about 20.9 percent of the shares of GfK SE. Now, Acceleratio Capital N.V. holds 35,285,787 shares in GfK SE representing 96.7 percent of the share capital and voting rights of GfK SE.

A shareholding quota of more than 95 percent allows for a squeeze-out of the minority shareholders. On 22 March 2017, Acceleratio Capital N.V. and GfK Verein already informed GfK SE about their intention to initiate a squeeze-out. Acceleratio Capital N.V. formally provided GfK SE with the request pursuant to section 327a para. 1 sentence 1 of the German Stock Corporation Act (Aktiengesetz) that GfK SE's general meeting shall resolve upon the transfer of all shares of the minority shareholders to Acceleratio Capital N.V.

DVB Bank SE says squeeze-out cash compensation fixed at 22.60 EUR/share

The cash compensation for DVB Bank SE shares for the squeeze-out of minority shareholders has been fixed at EUR 22.60 per share. The adequacy of this amount will be reviewed in court proceedings (Spruchverfahren).

Upcoming judicial review proceedings (Germany and Austria)

The specialized law firm ARENDTS ANWÄLTE will represent minority shareholders in following proceedings:

• Ariston Real Estate AG: squeeze-out
• BDI - BioEnergy International AG: squeeze-out
• Bremer Straßenbahn AG: squeeze-out announced
• BWT AG: squeeze-out
• CHORUS Clean Energy AG: squeeze-out announced
• DATA MODUL Aktiengesellschaft Produktion und Vertrieb von elektronischen Systemen: domination agreement
• Diebold Nixdorf Aktiengesellschaft (formerly: Wincor Nixdorf Aktiengesellschaft): domination agreement
• DVB Bank SE: squeeze-out
• GfK SE: squeeze-out
• IKB Deutsche Industriebank AG: squeeze-out
• KÖLN-DÜSSELDORFER Deutsche Rheinschiffahrt AG: squeeze-out
• Kontron AG: merger with S&T Deutschland Holding AG
• mediantis AG (formerly: buecher.de AG): squeeze-out
• MWG-Biotech AG: squeeze-out
• Pelikan Aktiengesellschaft: squeeze-out
• primion Technology AG: squeeze-out
• Raiffeisen Bank International AG: merger with Raiffeisen Zentralbank Österreich AG
• Schlumberger Aktiengesellschaft: squeeze-out
• STRABAG AG: squeeze-out
• WESTGRUND Aktiengesellschaft: squeeze-out

New LinkedIn group "Shareholders in Germany"

https://www.linkedin.com/grp/home?gid=8290910

SpruchZ no. 2/2017 published

Spruchverfahren aktuell (SpruchZ) Nr. 2/2017l von SpruchZ

Data Modul: Arrow intends to enter into domination and profit transfer agreement

- Arrow Central Europe Holding Munich GmbH ('Arrow') intends to enter into a domination and profit transfer agreement

- Arrow has notified Data Modul AG that Arrow holds, as per today, 69.2% of registered share capital of Data Modul AG

http://spruchverfahren.blogspot.de/2017/04/data-modul-aktiengesellschaft.html