{"id":13735,"date":"2009-09-05T08:30:59","date_gmt":"2009-09-05T08:30:59","guid":{"rendered":"https:\/\/www.ncf.de\/?post_type=avada_portfolio&#038;p=13735"},"modified":"2022-04-28T12:14:09","modified_gmt":"2022-04-28T12:14:09","slug":"procon-gruppe-2","status":"publish","type":"avada_portfolio","link":"https:\/\/www.ncf.de\/en\/transaktion\/procon-gruppe-2\/","title":{"rendered":"Procon Gruppe"},"content":{"rendered":"<div class=\"fusion-fullwidth fullwidth-box fusion-builder-row-1 fusion-flex-container nonhundred-percent-fullwidth non-hundred-percent-height-scrolling\" style=\"--awb-border-radius-top-left:0px;--awb-border-radius-top-right:0px;--awb-border-radius-bottom-right:0px;--awb-border-radius-bottom-left:0px;--awb-flex-wrap:wrap;\" ><div class=\"fusion-builder-row fusion-row fusion-flex-align-items-flex-start fusion-flex-content-wrap\" style=\"max-width:calc( 1270px + 20px );margin-left: calc(-20px \/ 2 );margin-right: calc(-20px \/ 2 );\"><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-0 fusion_builder_column_1_1 1_1 fusion-flex-column\" style=\"--awb-bg-size:cover;--awb-width-large:100%;--awb-margin-top-large:0px;--awb-spacing-right-large:calc( 0.026666666666667 * calc( 100% - 20px ) );--awb-margin-bottom-large:0px;--awb-spacing-left-large:10px;--awb-width-medium:100%;--awb-spacing-right-medium:10px;--awb-spacing-left-medium:10px;--awb-width-small:100%;--awb-spacing-right-small:10px;--awb-spacing-left-small:10px;\"><div class=\"fusion-column-wrapper fusion-flex-justify-content-flex-start fusion-content-layout-column\"><div class=\"fusion-text fusion-text-1\"><p>Network Corporate Finance has advised PROCON MultiMedia AG in connection with the transaction and prepared a statement for the management board and supervisory board regarding the financial appropriateness of the offer (\"fairness opinion\").<\/p>\n<div class=\"reference-data\">\n<div class=\"reference-data\">\n<p><strong>Transaction<\/strong><\/p>\n<p>US-American Production Resource Group (\u201cPRG\u201d), New Windsor (New York), had published its decision through its indirect German subsidiary MHG Media Holdings GmbH on October 19, 2009 to provide a voluntary public takeover offer to all shareholders of PROCON MultiMedia AG (\u201cPROCON\u201d) in accordance with the German Securities Acquisition and Takeover Act (Wertpapier\u00fcbernahmegesetz or \u201cWp\u00dcG\u201d), in order to acquire all existing shares. With the bidding document of November 4, 2009, PRG offered shareholders of PROCON an acquisition price of EUR 1.30 per share, which translates to an enterprise value (incl. net debt) of approx. EUR 55 million in total.<\/p>\n<p><strong>Target Company<\/strong><\/p>\n<p>PROCON-Group, which is listed in the Prime Standard, has developed its business since its establishment in 1988 from offering specialised light engineering services to becoming an international full-service provider for events as well as movie and television productions, who covers nearly the full spectrum of technical services even for large-scale projects.<\/p>\n<p><strong>Key Facts<\/strong><\/p>\n<table>\n<tbody>\n<tr>\n<td>Transaction value:<\/td>\n<td>EUR 55 million<\/td>\n<\/tr>\n<tr>\n<td>Sector:<\/td>\n<td>Media<\/td>\n<\/tr>\n<tr>\n<td>Sales:<\/td>\n<td>EUR 85 million (2009e)<\/td>\n<\/tr>\n<tr>\n<td>Employees:<\/td>\n<td>approx. 400<\/td>\n<\/tr>\n<tr>\n<td>Date:<\/td>\n<td>November 2009<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><strong>The role of Network Corporate Finance<\/strong><\/p>\n<p>Network Corporate Finance has advised PROCON MultiMedia AG in connection with the transaction and prepared a statement for the management board and supervisory board regarding the financial appropriateness of the offer (\"fairness opinion\").<\/p>\n<\/div>\n<\/div>\n<\/div><\/div><\/div><\/div><\/div>","protected":false},"excerpt":{"rendered":"<p>September 2009<br \/>\nDie US-amerikanische Production Resource Group hat \u00fcber ihre mittelbare deutsche Tochtergesellschaft MHG Media Holdings ihre Entscheidung ver\u00f6ffentlicht, allen Aktion\u00e4ren der Procon-Gruppe ein freiwilliges \u00f6ffentliches \u00dcbernahmeangebot zu unterbreiten.<\/p>","protected":false},"author":4,"featured_media":19132,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","format":"standard","meta":{"footnotes":""},"portfolio_category":[41],"portfolio_skills":[212],"portfolio_tags":[61],"class_list":["post-13735","avada_portfolio","type-avada_portfolio","status-publish","format-standard","has-post-thumbnail","hentry","portfolio_category-kapitalmarktberatung","portfolio_skills-fairness-opinion","portfolio_tags-services"],"_links":{"self":[{"href":"https:\/\/www.ncf.de\/en\/wp-json\/wp\/v2\/avada_portfolio\/13735","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ncf.de\/en\/wp-json\/wp\/v2\/avada_portfolio"}],"about":[{"href":"https:\/\/www.ncf.de\/en\/wp-json\/wp\/v2\/types\/avada_portfolio"}],"author":[{"embeddable":true,"href":"https:\/\/www.ncf.de\/en\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ncf.de\/en\/wp-json\/wp\/v2\/comments?post=13735"}],"version-history":[{"count":1,"href":"https:\/\/www.ncf.de\/en\/wp-json\/wp\/v2\/avada_portfolio\/13735\/revisions"}],"predecessor-version":[{"id":17700,"href":"https:\/\/www.ncf.de\/en\/wp-json\/wp\/v2\/avada_portfolio\/13735\/revisions\/17700"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.ncf.de\/en\/wp-json\/wp\/v2\/media\/19132"}],"wp:attachment":[{"href":"https:\/\/www.ncf.de\/en\/wp-json\/wp\/v2\/media?parent=13735"}],"wp:term":[{"taxonomy":"portfolio_category","embeddable":true,"href":"https:\/\/www.ncf.de\/en\/wp-json\/wp\/v2\/portfolio_category?post=13735"},{"taxonomy":"portfolio_skills","embeddable":true,"href":"https:\/\/www.ncf.de\/en\/wp-json\/wp\/v2\/portfolio_skills?post=13735"},{"taxonomy":"portfolio_tags","embeddable":true,"href":"https:\/\/www.ncf.de\/en\/wp-json\/wp\/v2\/portfolio_tags?post=13735"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}