Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Xetra  >  Vapiano SE    VAO   DE000A0WMNK9

VAPIANO SE

(VAO)
  Report
SummaryQuotesChartsNewsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsPress ReleasesOfficial PublicationsSector newsAnalyst Recommendations

VAPIANO SE: Consent of the creditors' committee to an irrevocable offer to acquire Vapiano's subsidiaries in France and Luxembourg

share with twitter share with LinkedIn share with facebook
share via e-mail
05/19/2020 | 01:10pm EDT

DGAP-Ad-hoc: VAPIANO SE / Key word(s): Miscellaneous
VAPIANO SE: Consent of the creditors' committee to an irrevocable offer to acquire Vapiano's subsidiaries in France and Luxembourg

19-May-2020 / 19:07 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Vapiano SE: Consent of the creditors' committee to an irrevocable offer to acquire Vapiano's subsidiaries in France and Luxembourg

Cologne, May 19, 2020 - The creditors' committee of Vapiano SE, which was formed in the course of the preliminary insolvency proceedings, has today given its approval to an irrevocable offer for the acquisition of the Vapiano subsidiaries in France and Luxembourg as part of the ongoing sales process.
The irrevocable offer was made by a consortium of bidders around the former CEO International Franchising, Mr. Mario C. Bauer, and intends the acquisition of 75% shares in Lavenir S.A. from Vapiano SE as well as further receivables and assets related the French and Luxemburg business of the Vapiano group for a total purchase price of EUR 22 million.
Vapiano SE is expected to execute the transaction in June 2020. At the same time, the consortium of bidders will enter into a long-term franchise agreement with Vapiano Franchising International GmbH which will form the basis for a joint market presence in the future.
The transaction still needs the acknowledgment of the bank consortium. A part of the proceeds after the satisfaction of senior secured creditors will be allocated to Vapiano SE and its relevant subsidiaries.
The sales process for the remaining worldwide business of the Vapiano corporate and joint venture participations is expected to be completed by the end of May 2020.

Lutz Scharpe, CFO Vapiano SE


19-May-2020 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de


Language: English
Company: VAPIANO SE
Im Zollhafen 2-4
50678 Cologne
Germany
Phone: +49 (0) 221 67001-0
Fax: +49 (0) 221 67001-205
E-mail: info@vapiano.eu
Internet: www.vapiano.com
ISIN: DE000A0WMNK9
WKN: A0WMNK
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Hamburg, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1051241

 
End of Announcement DGAP News Service

1051241  19-May-2020 CET/CEST

fncls.ssp?fn=show_t_gif&application_id=1051241&application_name=news&site_id=zonebourse

© EQS 2020
share with twitter share with LinkedIn share with facebook
share via e-mail
Latest news on VAPIANO SE
06/02VAPIANO : sells the major part of its business to investor group
EQ
05/19VAPIANO SE : Consent of the creditors' committee to an irrevocable offer to acqu..
EQ
05/06VAPIANO SE : Sales process commenced for Vapiano Group
EQ
04/30VAPIANO SE : Commencement of sales process on Vapiano group business; advanced s..
EQ
04/23VAPIANO SE : Extension of the appointment of Vanessa Hall as CEO, resignation of..
EQ
04/16VAPIANO SE : Preliminary announcement of the publication of quarterly reports an..
EQ
04/16VAPIANO SE : Preliminary announcement of the publication of financial reports ac..
EQ
04/14VAPIANO SE : Release according to Article 40, Section 1 of the WpHG [the German ..
EQ
04/01VAPIANO SE : Application for opening of insolvency proceeding
EQ
03/20GLOBAL MARKETS LIVE: Aldi purchases Leader Price, Apple limits iPhone purchas..
More news
Financials
Sales 2019 401 M 452 M 452 M
Net income 2019 -57,7 M -65,1 M -65,1 M
Net Debt 2019 436 M 493 M 493 M
P/E ratio 2019 -0,29x
Yield 2019 -
Capitalization 16,8 M 19,0 M 19,0 M
EV / Sales 2018
EV / Sales 2019 1,13x
Nbr of Employees 7 329
Free-Float 19,3%
Chart VAPIANO SE
Duration : Period :
Vapiano SE Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends VAPIANO SE
Short TermMid-TermLong Term
TrendsBullishNeutralBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus UNDERPERFORM
Number of Analysts 2
Average target price 5,35 €
Last Close Price 0,64 €
Spread / Highest target 832%
Spread / Average Target 731%
Spread / Lowest Target 630%
EPS Revisions
Managers
NameTitle
Vanessa Claire Hall Chairman-Supervisory Board & CEO
Lutz Christoph Scharpe Chief Financial Officer
Gregor-Alexander Gerlach Member-Supervisory Board
Johann Hinrich Stahl Deputy Chairman-Supervisory Board
Kristian Wettling Member-Supervisory Board
Sector and Competitors
1st jan.Capitalization (M$)
VAPIANO SE-81.86%19
MCDONALD'S CORPORATION-2.21%146 600
CHIPOTLE MEXICAN GRILL INC.25.84%29 382
YUM BRANDS-5.70%29 051
YUM CHINA HOLDINGS, INC.3.56%18 716
RESTAURANT BRANDS INTERNATIONAL INC.-6.85%17 830