PEH Wertpapier AG Launches Squeeze-Out of capsensixx AG Minority Shareholders
Frankfurt, Germany – February 13, 2026 – PEH Wertpapier AG has initiated a squeeze-out procedure targeting minority shareholders of capsensixx AG, according to a recent announcement. This move follows PEH Wertpapier AG acquiring a substantial stake in capsensixx AG, reaching approximately 92.83% of the company’s share capital after accounting for capsensixx AG’s own shares.
What is a Squeeze-Out?
A squeeze-out, formally known as a verschmelzungsrechtlicher Squeeze-out, is a legal process where a majority shareholder compels minority shareholders to sell their shares, typically at a fair price. This allows the majority shareholder to gain full control of the company, simplifying its structure and decision-making processes. The process requires approval from the capsensixx AG shareholders and involves offering a cash settlement to those selling their shares.
The Details of the Proposed Transaction
PEH Wertpapier AG has formally requested that capsensixx AG initiate a merger agreement. The intention is to transfer the shares held by remaining minority shareholders to PEH Wertpapier AG in exchange for a “reasonable cash compensation,” the amount of which will be disclosed at a later date. Negotiations regarding the merger agreement are expected to begin shortly.
Implications for capsensixx AG Shareholders
Shareholders of capsensixx AG who do not already hold shares in PEH Wertpapier AG will likely receive an offer to sell their shares. The price offered will be a key factor for minority shareholders, as it will determine the financial outcome of the squeeze-out. Capsensixx AG will inform shareholders of the date of the shareholder meeting where the transfer will be decided.
Recent Financial Performance of PEH Wertpapier AG
PEH Wertpapier AG has demonstrated positive financial trends recently. In the first nine months of 2025, the company reported a 13.1% increase in earnings per share. PEH Wertpapier AG increased its EBITDA by 16.2% in the first half of 2025.
Understanding Squeeze-Outs in the German Market
Squeeze-outs are a relatively common occurrence in the German stock market, particularly when a company seeks to streamline its ownership structure. They are governed by the German Stock Corporation Act (Aktiengesetz) and the German Transformation Act (Umwandlungsgesetz). The process is designed to protect the interests of minority shareholders by ensuring they receive fair value for their shares.
The Role of the German Federal Financial Supervisory Authority (BaFin)
While not directly involved in approving individual squeeze-out transactions, BaFin oversees the overall regulatory framework governing German capital markets, ensuring transparency and investor protection. Companies undertaking squeeze-outs must comply with all relevant disclosure requirements.
FAQ
Q: What is a reasonable cash compensation?
A: The amount will be determined and announced by PEH Wertpapier AG at a later date, and must be considered fair by regulatory standards.
Q: What happens if I don’t agree with the offer?
A: As a minority shareholder, you may be legally compelled to sell your shares as part of the squeeze-out process if the shareholder vote approves the transfer.
Q: Where can I find more information about capsensixx AG?
A: You can visit the capsensixx AG website at www.capsensixx.de.
Q: What are the ISINs for the companies involved?
A: The ISIN for capsensixx AG is DE000A2G9M17, and the ISIN for PEH Wertpapier AG is DE0006201403.
Pro Tip: If you are a shareholder of capsensixx AG, carefully review the offer documentation when it becomes available and consider seeking independent financial advice.
Stay informed about market developments and investment opportunities. Explore more articles on financial news and corporate actions to enhance your understanding of the German stock market.
