EEII AG Cancels Investment in Grupo Alves Bandeira

EEII AG has announced the cancellation of its planned investment in Grupo Alves Bandeira (GAB). The decision came after GAB shareholders did not approve the takeover offer proposed by EEII AG. Consequently, further negotiations were ruled out by EEII, as a higher offer was deemed not advantageous for its shareholders.

The company's strategy to become a leader in the European energy infrastructure market remains unchanged. EEII AG is currently assessing new opportunities and will inform its shareholders if any negotiations are successfully concluded.

EEII AG is listed on the Swiss Exchange under the ticker EEII SW Equity. It continues to actively seek avenues for expansion in alignment with its strategic goals.