19 Oct. 2007 – The acquisition of 77.4% of the shares in OnVista AG by Boursorama S.A. was completed today, following approval by the antitrust authority and payment of the purchase price. Given the new majorities, the Supervisory Board of OnVista AG (DE0005461602) is resigning from office with immediate effect. The Chairman of the Supervisory Board, Fritz Oidtmann, as well as his Deputy, Dr. Christoph Braun, relinquished their seats on the Supervisory Board today, 19 Oct. 2007, Stephan Schubert already one week earlier, on 12 Oct. 2007.
An application has been filed with the relevant District Court for the appointment of Mr. Ramón Blanco, Ms. Anne-Sophie Perrachon and Mr. Ralf Freiherr von Ziegesar as new members of the Supervisory Board. Mr. Blanco is Director of International Operations at Boursorama, Ms. Perrachon is his Deputy, and Mr. von Ziegesar is General Manager at the online broker fimatex, a German branch office of Boursorama.
detailed press release on the conclusion of the sale in German language