Today, Swiss Life completed the purchase of the 10.46% participation in AWD Holding AG, giving it 96.71% of the company’s shares.
On 14 August 2008, Swiss Life announced that it would purchase Carsten Maschmeyer’s remaining 10.46% stake in AWD Holding AG already in 2008. The purchase was completed today at the price of EUR 30 per share, or a total of around EUR 120 million (approx. CHF 180 million), as agreed in the tender offer. Swiss Life now holds 96.71% of AWD. As previously announced, Swiss Life plans to effect a squeeze out in the course of 2009 and to delist the AWD share in view of the very small free float remaining.

Swiss Life
The Swiss Life Group is one of Europe's leading providers of life insurance and pension solutions. The Group offers individuals and corporations a broad range of products combined with comprehensive advice through its own sales force as well as brokers and banks in Switzerland, France and Germany. It provides internationally operating corporations with employee benefits solutions from a single source, and is among the global leaders in structured life and pension products for high net worth individuals with its centres of competence in Luxembourg, Liechtenstein and Singapore.

Swiss Life is the majority shareholder of the Hanover-based AWD Group, one of Europe's top financial services providers for the medium- and high-income customer segments. AWD offers its clients independent financial advisory services. It employs around 6600 financial consultants in ten European countries.

Swiss Life Holding Ltd, registered in Zurich, was founded in 1857 as Schweizerische Rentenanstalt. The shares of Swiss Life Holding Ltd are listed on the SWX Swiss Exchange (SLHN). The Swiss Life Group employs a staff of around 9000.
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