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Publication of inside information pursuant to Art. 17 MAR
Munich, 04 February 2019 – On 08 November 2018, Allgeier SE (ISIN DE000A2GS633, WKN A2GS63) had concluded a letter of intent with Otto Bock Holding GmbH & Co KG, Duderstadt, with the aim of merging Allgeier Enterprise Services AG with Sycor GmbH under a new holding company.
In the course of the discussions on a strategic road map until the IPO of the new holding company, different views emerged on the organisation and management of the holding company, the branding of the merged companies and the objective of an IPO. Therefore, the parties have today agreed to terminate the merger talks. The planned merger will not take place.