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BayWa sells stake DZ Bank

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The BayWa AG has its financial contribution sold to DZ Bank. The sale of the approximately 2.5 million Shares which bring a trade and services group, EUR 20 million, as The Munich-MDAX companies announced on Monday. The Transaction bring a book profit of EUR 10 million with them.

Thus the BayWa set the streamlining of its investment portfolio continues to focus on their core businesses. Free up resources to support the development of new business unit Renewable energies are used.