Douglas Holding in talks with financial investors

Published: 12-Jan-2012
Finance

Potential to acquire a significant stake in the company


German beauty group, Douglas Holding AG, which operates stores in several countries around the world, has confirmed that it is in talks with ‘several financial investors about the potential acquisitions of a significant stake in the company’ but it has cautioned that it isn’t clear if, when or in what form a transaction would take place.

The company added that no binding offers or agreements have been made as of this point, but that one possibility would be that an investor group might make a voluntary takeover offer.

The talks are taking place with the company, members of the management board and supervisory boards holding a significant stake in the company, as well as financial investors.
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