NEWS-ARCHIVE

04/27/2016

Supervisory Board of DZ BANK votes unanimously for merger with WGZ BANK


At its meeting today, the Supervisory Board of DZ BANK AG unanimously approved the merger agreement for the merger of DZ BANK and WGZ BANK.

The merger documents required for the merger to form a joint cooperative central institution – the merger agreement and the merger report – were signed by the Boards of Managing Directors of both central institutions on 12 April. They set out the transaction’s key points such as the transaction structure and the valuation ratio.

The next milestones of the merger according to current planning:

4.5.                  Supervisory Board resolution of WGZ BANK on the merger

21.6. / 22.6.     Annual general meetings of WGZ BANK and DZ BANK

30.6.                Application for entry in the Commercial Register

29.7.                Entry in the Commercial Register

1.8.                  First day of the new institution