Varta AG has its own Sanierungskonzept | 18.08.24

ELLWANGEN (Dow Jones)–Varta AG has made its financial and strategic investments in the Western economy of economic affairs. If it comes to a debt recovery, then the financial debt burden of 485 million euros a 285 million euros on a debt of 200 million euros, which is in the Mitteilung des Batterieherstellers vom Samstag.

If we look at the restructuring plan, there is a complete reassessment of the Grundkapitals of Varta AG to zero. Unmittelbar im Anschluss and the Kapitalschnitt würden der Varta AG over a Kapitalerhöhung 60 Millionen Euro and new Eigen Kapital – davon 40 Millionen Euro over Barmittel – anyway weitere 60 Millionen Euro an new Mitteln over a prior consideration of the development decisions, furthermore with regard to the Stärkung der Could zernliquidity and for smart strategic investments in technological knowledge. If the Group’s financing and liquidity position now remains stable and stable for the long term, the Mitteilung finances are facing Marc Hundsdorf.

The capital increase is one of the new options of one of Michael Tojner, the Merchant of Varta AG, a controlling company (“MT InvestCo”) that a Beteiligungsgesellschaft of Dr. Ing. hc F. Porsche AG (“Porsche”) designated. The new financing source of 60 million euros has provided an spent financing for the financing. These parties can have a virtual share in 36 percent of Varta’s own capital, which 64 percent shares with jewels 32 percent MT InvestCo and Porsche.

Contact the author: [email protected]

DJG/cln

(END) Dow Jones Newswires

August 18, 2024 08:48 ET (12:48 GMT)