Beate Uhse announces interest from potential investors

In a press release published on February 20, Beate Uhse Aktiengesellschaft announces that after the first phase of the ongoing Mergers & Acquisitions (M&A) process, the compnay has gotten seven non-binding offers from potential investors. As part of the structured M & A process, Beate Uhse AG could thus systematically pursue the option of restructuring via the sale of a company. Parallel to the sales process, a solution within the framework of an insolvency plan is being worked on as well as part of a dual track procedure, the company chose to pursue.

“The presentation of these seven indicative purchase offers shows the sustained interest of potential investors in Beate Uhse,” said Michael Specht, CEO of Beate Uhse AG. Management and plenipotentiaries expect to complete the M&A process in April.

(No responsibility is taken for the correctness of this translation. Source: https://www.beate-uhse.ag/index.php/nachrichtenleser-de/539.html)