ING DIRECT obtains further stake in Germany's Interhyp |
Autor: Bancherul.ro
2008-10-15 10:21 |
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ING DIRECT N.V. announced today that it has obtained an additional 208,294 shares in Germany's largest independent residential mortgage distributor, Interhyp AG, at EUR 64 per share, valuing the company at EUR 416 million. ING DIRECT's stake in Interhyp will increase from 91.21% as of 18 August 2008 to 96.95% as of today.
ING DIRECT announced the close of its public takeover bid for Interhyp on August 18th. The tender offer for Interhyp was launched on June 20th at EUR 64 per share. In addition, Interhyp shareholders were still entitled to the dividend of Interhyp AG for the fiscal year 2007 in the amount of EUR 2.10 per share, plus an additional one time payment of EUR 2.00 per share, which were distributed following the Interhyp shareholder's meeting on 4 June 2008.
For updates on ING DIRECT's public tender offer for Interhyp in English and German, please go to www.ing-angebot.de
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