
Takeover of the business with institutional investors of Branicks Group AG, settlement of the loan due
EQS-Ad-hoc: VIB Vermögen AG / Key word(s): Real Estate/Miscellaneous Publication of inside information pursuant to Article 17 of Regulation (EU) No 596/2014 (Market Abuse Regulation);
VIB Vermögen AG: Takeover of the business with institutional investors of Branicks Group AG, settlement of the loan due Neuburg a. d. Donau, 07. 07. 2025 - VIB Vermögen AG (‘VIB’), ISIN: DE000A2YPDD0, today agreed with Branicks Group AG (‘Branicks’) to take over its institutional business. The volume of the transfer to VIB is around EUR 360 million. As part of its business strategy, VIB is thus expanding its already established ‘Institutional Business’ division to include the management and structuring of funds, club deals and individual mandates for institutional investors in all phases of the cycle. The closing of the transaction is still subject to the usual, purely formal closing conditions. Branicks and VIB have agreed that upon completion of the transfer, all claims of VIB against Branicks arising from the loan granted by VIB to Branicks on 7 July 2023 will be offset. VIB Vermögen AG
End of Inside Information
07-Jul-2025 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
Language: | English |
Company: | VIB Vermögen AG |
Tilly-Park 1 | |
86633 Neuburg/Donau | |
Germany | |
Phone: | +49 (0)8431 / 9077 961 |
Fax: | +49 (0)8431 / 9077 1961 |
E-mail: | anja.landes-schell@vib-ag.de |
Internet: | www.vib-ag.de |
ISIN: | DE000A2YPDD0 |
WKN: | A2YPDD |
Listed: | Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt, Hamburg, Munich (m:access), Stuttgart, Tradegate Exchange |
EQS News ID: | 2166452 |
End of Announcement | EQS News Service |
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2166452 07-Jul-2025 CET/CEST