Ströer Engages in Talks with Investors Regarding Core Assets

Ströer SE & Co. KGaA, a key player in the out-of-home advertising and digital content sectors, has entered discussions with private equity investors. The company confirmed receiving indicative offers that surpass its current market capitalization. These proposals concern the potential purchase of Ströer's core assets, specifically its advertising and digital business segments. While discussions are ongoing, no definitive terms, including the purchase price, have been established.

The management is evaluating these unsolicited offers in alignment with Ströer's strategy to enhance value amid a noted gap between its market capitalization and intrinsic value. Any potential transaction would require approval from Ströer’s General Meeting. CEO Udo Müller is expected to retain his leadership role should a deal be finalized. The company commits to keeping shareholders updated as developments unfold.