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At the same time, temporary options exist which could lead to a 100 % acquisition in 2011. These options enclose a preferential price, that in addition to a fixed price for the remaining shares amounting to around 47.7 million EUR also includes an additional purchase price that is significantly dependent on future new business within the financial investment division. The transaction is subject to approval being granted by the cartel authority.
All Feri partners will remain engaged with the company and express their long-term commitment to the Feri Group; however, the Harald Quandt Holding will transfer their entire shares to MLP AG. Feri Finance AG will continue to pursue its successful and proven business model under the Feri brand name, meeting the needs of its clients as a separate and independent company.