Successful business model: independence of advisory services to be maintained
AWD and Swiss Life intend to accelerate their international growth together. As a key product partner for AWD, Swiss Life will receive additional distribution resources in Germany and Switzerland. In addition, AWD provides Swiss Life with access to the Austrian market and the growth markets in Central and Eastern Europe. For its part, AWD gains a reliable partner in Swiss Life with the financial strength to continue pursuing international growth and to develop new markets. With Swiss Life holding a majority interest, the AWD Group will nevertheless continue to operate as an autonomous enterprise within the Swiss Life Group. The independence of AWD's advisory services will also be retained, along with its brand and corporate identity. "The AWD advisors will work independently in future as well, continuing to use their successful 'best-select' approach when advising customers in their choice of products. Swiss Life's majority interest in the company will do nothing to affect the broad range of products available," explains Rolf Dörig.
Swiss Life's offer is subject to the approval of the relevant authorities.
Further information on the public offer
The detailed offer document in German and a non-binding English translation are published on the internet at www.swisslife.com.
Copies of the Offer Document and its English translation will be available free of charge for AWD Shareholders at Finanzdruckerei Imprima de Bussy GmbH, Grüneburgweg 58-62, 60322 Frankfurt am Main, Germany. AWD Shareholders can request copies of the Offer Document and its English translation under the following telephone and fax numbers: phone: +49 (0)800 100 8759 (toll-free in Germany) and fax: +49 (0)69 9150 9814; phone: +1 800 383 5112 (toll-free in the U.S.A.) and fax: +1 212 366 3818.
Phone +41 43 284 77 77
Phone +41 43 284 52 76
The Swiss Life Group is one of Europe’s leading providers of pension and life insurance products. The Swiss Life Group offers individuals and companies comprehensive advice across a broad range of products via agents, brokers and banks in its domestic market, Switzerland, where it is market leader, and selected European markets. Multinational companies are serviced with tailor-made solutions by a network of partners in over 60 countries and regions.
Swiss Life Holding, registered in Zurich, dates back to the Schweizerische Rentenanstalt founded in 1857. Shares of Swiss Life Holding are listed on the SWX Swiss Exchange (SLHN). The Swiss Life Group employs a staff of around 9000.
AWD, founded in 1988 and based in Hanover, is the leading independent financial services provider in Europe. AWD's client base comprises 1.9 million private individuals in the middle and upper-income segments. The M-DAX-listed company has 6300 financial advisors looking after customers in ten European countries.
This publication contains specific forward-looking statements, e.g. statements including terms like “believe”, “assume”, “expect” or similar expressions. Such forward-looking statements are subject to known and unknown risks, uncertainties and other factors which may result in a substantial divergence between the actual results, financial situation, development or performance of the company and those explicitly or implicitly presumed in these statements. Against the background of these uncertainties, readers should not place undue reliance on forward-looking statements. The company assumes no responsibility to update forward-looking statements or to adapt them to future events or developments.