DGAP-Adhoc: Celesio AG: Business combination with McKesson Corporation; public takeover offer for Celesio AG of EUR 23.00 per share

Celesio AG / Key word(s): Offer

24.10.2013 07:01

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
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Business combination with McKesson Corporation; public takeover offer for
Celesio AG of EUR 23.00 per share

Stuttgart, 24 October 2013. Today, McKesson Corporation ('McKesson') with
seat in San Francisco, USA, and Celesio AG have entered into a business
combination agreement. McKesson and Celesio intend to create one of the
largest and leading integrated pharmaceuticals distribution groups globally
with a leading presence in major American and European markets.

Concurrently, McKesson and Dragonfly GmbH & Co. KGaA ('Bidder'), a wholly
owned subsidiary of McKesson, have signed an agreement with Franz Haniel &
Cie. GmbH ('Haniel') to acquire Haniel's majority interest (50.01%) in
Celesio AG. The Bidder will launch a voluntary public takeover offer to the
shareholders of Celesio AG for the acquisition of their non-par-value
registered shares (auf den Namen lautende Stückaktien) in Celesio AG (ISIN
DE 000CLS1001) ('Celesio Shares') for a cash consideration of EUR 23.00 per
Celesio Share. Further, the Bidder will launch public offers to the holders
of convertible bonds issued by Celesio for a cash consideration of EUR
53,117.78 per EUR 50,000 nominal value of the convertible bonds due October
2014 (ISIN DE 000A1AN5K5) and a cash consideration of EUR 120,798.32 per
EUR 100,000 nominal value of the convertible bonds due April 2018 (ISIN DE
000A1GPH50).

The takeover offer and the bond offers are expected to be subject to
completion conditions relating to certain regulatory clearances and a
minimum acceptance threshold of 75% of the Celesio Shares on a fully
diluted basis.

The Management Board and the Supervisory Board welcome the takeover offer.
Subject to review of the offer document the members of the Management and
Supervisory Board support the takeover offer. The members of the Management
Board intend to accept the takeover offer for any Celesio Shares held by
them.

Celesio Group Contacts:

Investor Relations:
Markus Georgi
+49 711 5001-1208
investor@celesio.com

Creditor Relations:
Marcus Hilger
+49 711 5001-552
finance@celesio.com

Media:
Marc Binder, +49 711 5001-380
media@celesio.com

Rainer Berghausen, +49 711 5001-549
media@celesio.com

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Language: English
Company: Celesio AG
Neckartalstr. 155
70376 Stuttgart
Germany
Phone: +49 (0)711 5001-735
Fax: +49 (0)711 5001-740
E-mail: investor@celesio.com
Internet: www.celesio.com
ISIN: DE000CLS1001
WKN: CLS100
Indices: MDAX
Listed: Regulierter Markt in Berlin, Düsseldorf, Frankfurt (Prime
Standard), München, Stuttgart; Freiverkehr in Hamburg,
Hannover; Terminbörse EUREX

End of Announcement DGAP News-Service

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