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MLP SE: MLP in negotiations to acquire RVM

·1-min read

MLP SE / Key word(s): Mergers & Acquisitions/Takeover
MLP SE: MLP in negotiations to acquire RVM

07-Jan-2021 / 15:34 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

MLP is meanwhile involved in promising negotiations to acquire RVM Versicherungsmakler GmbH & Co. KG. MLP intends to acquire the company and its key subsidiaries. The contract could be concluded in the first quarter of 2021.

RVM is an industrial insurance broker that focuses on medium-sized clients. It has around 200 employees that serve more than 2,500 companies. A possible deal would allow MLP to strategically expand its market position in the field of commercial and industrial insurance.

However, it remains to be seen whether the acquisition will actually go ahead and, if so, under which conditions. Among other things the process is also dependent on gaining the necessary consent from the respective management bodies.

Contact/notifying person:

Jan Berg

Head of Corporate Communications

Tel: +49 6222 308 4595

Email: jan.berg@mlp.de

07-Jan-2021 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de

Language:

English

Company:

MLP SE

Alte Heerstraße 40

69168 Wiesloch

Germany

Phone:

+49 (0)6222-308-8320

Fax:

+49 (0)6222-308-1131

E-mail:

investorrelations@mlp.de

Internet:

www.mlp-se.de

ISIN:

DE0006569908

WKN:

656990

Listed:

Regulated Market in Frankfurt (Prime Standard), Stuttgart; Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Tradegate Exchange

EQS News ID:

1159140


 

End of Announcement

DGAP News Service

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