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Content of ad hoc announcement Berlin, 3rd. January 2017Acquisition of Pelikan Taiwan Co., Ltd ("Pelikan Taiwan") by Pelikan Aktiengesellschaft
Pelikan Aktiengesellschaft has concluded an agreement with Pelikan International Corporation Berhard ("PICB") on December, 30th of 2016 regarding the acquisition of all shares in Pelikan Taiwan.
The purchase price in a small double digit million EUR range has been determined on the basis of Discounted Cash Flow method, to guarantee a fair market value with regard to the dominant position of PICB within the Pelikan group.
The acquisition is part of the process to simplify the structure and process within the Pelikan group, which has been initiated in 2015 with the objective of a successful development of the business of Pelikan Aktiengesellschaft.
Managing Board
Pelikan AG published this content on 03 January 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 03 January 2017 16:57:03 UTC.
Original documenthttp://pelikan-ag.com/pelikanag/vfs-public/pdf/en/investoren-news/ad-hoc-meldungen/17-01-03_ad-hoc_Erwerb_Pelikan_Taiwan_Pelikan-AG_engl.pdf?download
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