Skip to main content

SE resolves to further pursue possible acquisition of 25 percent plus one share of the ordinary shares in Dr. Ing. h.c. F. AG in connection with IPO

Download PDF

Stuttgart, 5 September 2022. Based on discussions between ( SE) and Volkswagen Aktiengesellschaft, Wolfsburg, regarding the possible acquisition of 25 percent plus one share of the ordinary shares in Dr. Ing. h.c. F. AG ( AG), Stuttgart, in connection with the IPO of AG, the executive board of SE resolved, with the approval of the supervisory board, to further pursue the transaction and to enter into the next phase of preparation.

Potential next steps, especially the execution of the agreements required for the possible transaction (acquisition of 25 percent plus one share of the ordinary shares and IPO) and thus the acquisition of 25 percent plus one share of the ordinary shares in AG as well as the implementation of the IPO of AG are subject to general market developments, further assessments and board resolutions.