Ströer Engages in Discussions Concerning Core Asset Sale

Ströer SE & Co. KGaA has confirmed market rumors about potential sales of its core assets, namely its out-of-home advertising and digital content businesses. The company has received indicative offers from private equity investors, which substantially surpass Ströer's current market value. While discussions are ongoing, no definitive terms or purchase prices have been established.

The company stresses that these discussions align with its strategy to crystallize value amid a disparity between market capitalization and intrinsic business value. The management aims to find the best implementation model for this strategy, including evaluating unsolicited offers. Approval from Ströer's General Meeting would be necessary to finalize any purchase agreement.

Shareholders will be updated according to legal requirements as the situation develops.