2007-11-26

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Switzerland | Companies

Antitrust Commission approves sale of Fust to Coop

Switzerland: After extensive investigations, the Swiss Antitrust Commission has approved the acquisition of Dipl. Ing. Fust AG by Coop

The Swiss Antitrust Commission decided per end of July 2007 to investigate in more detail the planned divestiture of Jelmoli's domestic appliances and multimedia segment to Coop. After an extensive examination procedure, the commission has found that this merger can be approved subject to two acceptable conditions.

Consequently this transaction will now go ahead as planned per end of November 2007. The conditions stipulated by the Swiss Antitrust Commission have no effect on the agreed sales price.


Contact persons at Jelmoli Holding Ltd

Media: Daniel Gfeller, Secretary General
Tel. +41 (0)44 220 42 29 Fax +41 (0)44 220 40 10
Analysts: Harald Pinger, CEO
Tel. +41 (0)44 220 49 13 Fax +41 (0)44 220 40 10
Roland Walder, CFO
Tel. +41 (0)44 220 44 26 Fax +41 (0)44 220 40 10
Internet:www.jelmoliholding.ch / www.huginonline.ch/JEL
WAP-mobile:wap.huginonline.com (Press Releases Jelmoli)
E-mail: info@jelmoliholding.ch

Jelmoli Holding AG - 2007-11-26

Announcement by Jelmoli Holding AG. The originator takes responsibility for its content.