VIB Vermögen AG Implements Merger-Related Squeeze-Out of BBI Minorities

VIB Vermögen AG, headquartered in Neuburg an der Donau, plans to merge BBI Bürgerliches Brauhaus Immobilien Aktiengesellschaft into VIB. The decision aims to optimize the group's structure.

The Managing Board of VIB, with the Supervisory Board's approval, resolved to transfer the shares of BBI's minority shareholders in exchange for cash compensation. This procedure follows Section 62 para. 5 UmwG in conjunction with Section 327a para. 1 AktG.

VIB, currently holding approximately 94.88% of BBI's share capital, proposed negotiations on a merger agreement and initiated the squeeze-out procedure. The specific amount of cash compensation for the minority shareholders has yet to be determined.

This action marks a significant strategic move for VIB Vermögen AG as it continues to streamline its organizational structure through targeted mergers.