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Offenburg, March 11, 2011 – MEDICLIN AG (DE0006595101) publishes that Asklepios Kliniken Gesellschaft mit Beschränkter Haftung (Asklepios), Hamburg, has announced today to offer to the MediClin shareholders to acquire their bearer shares of common stock without par value (no-par shares) with a proportionate interest in the share capital of the Company of €1.00 by way of a voluntary public takeover offer.
According to information available to the Company, Asklepios intends, subject to the other provisions of the offering document which is still to be published, to offer the MediClin shareholders a cash consideration in the amount of the statutory minimum price according to Section 31 (1) of the German Securities Takeover Act (Wertpapiererwerbs- und Übernahmegesetz, WpÜG) in connection with Sections 3 through 5 of the German regulation of Securities Takeover Offers (WpÜG-AngV).
About MediClin AG (Ticker: MED; ISIN: DE0006595101)
MediClin AG is a nation-wide clinic operator and large provider of services in the area of Psycho- and Neurosciences as well as Orthopaedic. With 34 clinics and 7 nursing care facilities and 11 Medizinische Versorgungszentren (medical care units) in 11 federal states MediClin has a total capacity of approximately 8,000 beds. MediClins’ facilities include acute care clinics, i.e., general hospitals, special treatment facilities, specialised hospitals and clinics for post-acute treatment and medical rehabilitation. MediClin has approximately 8,100 employees.