Key Developments: Valora Holding AG (VALN.S)
186.00CHF
24 May 2013
CHF2.00 (+1.09%)
CHF191.80
CHF187.60
CHF187.80
CHF184.40
4,044
7,851
CHF210.00
CHF145.00
Latest Key Developments (Source: Significant Developments)
Valora Holding AG Announces FY 2012 Dividend
Valora Holding AG announced that it will distribute fiscal year 2012 dividend in the amount of CHF 12.50 per share, compared to the previous fiscal year's dividend of CHF 11.50 per share. Full Article
Valora Holding AG Sells Sales & Services Switzerland to Lekkerland Schweiz AG
Valora Holding AG announced that it has decided to sell Sales & Services Switzerland (wholesale goods) business unit, which is engaged in wholesale distribution to third-party retailers to Lekkerland Schweiz AG. Lekkerland, the unit's new owner, has agreed to take on its existing staff and distribution contracts. Both parties have agreed not to disclose the purchase price. Valora and Lekkerland are confident that they will complete this transaction by the second quarter of 2013, subject to agreement from Switzerland's Competition Commission. Full Article
Valora Holding AG Completes Acquisition of Ditsch and Brezelkoenig Group of Companies; Issues FY 2012 Operating Profit Guidance Above Analysts' Estimates
Valora Holding AG announced that it has completed its acquisition of the Ditsch and Brezelkoenig group of companies. As part of the completion of its acquisition of the Ditsch and Brezelkoenig group of companies, which came into effect on October 31, 2012, Valora Holding AG created additional share capital amounting to 635,599 new registered shares. The new shares were transferred to Ernst Peter Ditsch in part payment of the agreed provisional purchase price of CHF 367 million. The 635,599 new Valora Holding AG registered shares, which were recorded in the commercial register on November 6, 2012, will be listed on SIX Swiss Exchange and BX Berne eXchange with effect from December 20, 2012. The Company expects to be just on target to report an operating profit of some CHF 65 million for 2012, at the lower end of its guidance range of between CHF 65 and CHF 70 million. According to I/B/E/S estimates, analysts on average are expecting the Company to report for fiscal year 2012 an operating profit of CHF 63.00 million. Full Article
Valora Holding AG Increases Capital; Ernst Peter Ditsch to Hold 18.5% Stake in Valora Holding AG
Valora Holding AG announced that in connection with the completion of its acquisition of the Ditsch/Brezelkoenig group of companies on October 31, 2012, the Company increased its share capital by CHF 635,599 on November 6, 2012, from CHF 2,800,000 to CHF 3,435,599, by issuing 635,599 registered shares with a nominal value of CHF 1.00 each. Existing shareholders have no subscription rights to these new shares, which have been transferred to Ernst Peter Ditsch in consideration of his transfer to Valora Holding AG of all the outstanding shares of Brezelkoenig GmbH & Co. KG and of Zweite Brezelkoenig Verwaltungs GmbH, both of which have their registered offices in Mainz, Germany. The new shares represent the portion of the Company’s agreed purchase price for this acquisition not paid in cash. In order to expedite the acquisition's completion, the Company applied for a listing moratorium for the new shares. This application has been approved by SIX Swiss Exchange and BX Berne eXchange, the two exchanges where the Company’s shares are listed, for a period which must end on or before January 31, 2013. The shares will remain blocked until they are listed and cannot therefore be traded on these exchanges until then. As a result of this transaction, Ernst Peter Ditsch will hold 18.5% of the Company’s total outstanding shares. Full Article
Valora Holding AG Completes Acquisition of Brezelbaeckerei Ditsch GmbH and Brezelkoenig GmbH & Co KG
Valora Holding AG announced that it completed the acquisition of Brezelbaeckerei Ditsch GmbH and Brezelkoenig GmbH & Co KG as of October 31, 2012. Financial details were not disclosed. Full Article
Valora Holding AG Acquires Ditsch Brezelbaeckerei GmbH and Brezelkoenig GmbH & Co KG
Valora Holding AG announced that it has bought Ditsch Brezelbaeckerei GmbH and Brezelkoenig GmbH & Co KG. Both parties have agreed that the purchase price will remain confidential. Full Article
Valora Holding AG Appoints New CFO
Valora Holding AG announced that it has appointed Mr. Michael Mueller as its new Chief Financial Officer (CFO). He will take up his new duties as the Company’s CFO on November 1, 2012. Full Article
Valora Holding AG's CFO to Step Down
Valora Holding AG announced that its Chief Financial Officer (CFO), Mr. Lorenzo Trezzini has decided to relinquish his position and leave Valora's Group Executive Management. He will remain with Valora and continue to carry out his current duties until a successor has been appointed. Full Article
Valora Holding AG's CEO to Step Down
Valora Holding AG ('Valora') announced that its Chief Executive Officer (CEO), Mr. Thomas Vollmoeller, has decided to relinquish his current position and leave Valora's Group Executive Management. Mr. Rolando Benedick, the Chairman of Valora's Board of Directors, will immediately assume the duties of Valora CEO on an interim basis, driving the current strategy forward and monitoring the progress of its implementation. The search for a new CEO has already begun. Mr. Thomas Vollmoeller will continue to assist Valora in an advisory capacity until he takes up his new duties. Full Article
Valora Holding AG Announces Acquisition of Lekkerland Deutschland GmbH & Co. KG Subsidiary Convenience Concept GmbH; to Extend Partnership with Lekkerland Deutschland GmbH & Co. KG
Valora Holding AG (Valora) announced the acquisition of the Lekkerland Deutschland GmbH & Co. KG (Lekkerland) subsidiary Convenience Concept GmbH (CC), a company with approximately 1,300 retail outlets. Valora and Lekkerland have agreed not to disclose the purchase price for CC or the terms of the strategic collaboration planned between the two firms. As part of this transaction, Valora and Lekkerland will extend and strengthen their partnership. Lekkerland will continue to supply the 1,300 existing CC outlets for a further five years. Lekkerland’s contract to supply its range of food products to the Valora-operated railway station bookstores has also been extended and Lekkerland will supply this product range to Valora’s tabacon units as well. Full Article
New Issue-Valora Holdings prices 120 mln SFR PERP bond
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