Artprice denies plan to acquire Artnet
Artprice and its founder and CEO, thierry Ehrmann, hereby formally denies the existence of any merger or acquisition plan concerning the company Artnet, which represents zero economic or capitalistic interest for Artprice.
The company Artprice has no outstanding bond debt and no bank debt and has never conducted any capital increases except to exercise employee share options. Artprice does not wish distort either its growth strategy or its balance sheet. It remains open to all sound and economically profitable external growth opportunities that may arise in the future.
Artprice therefore denies all rumors concerning its possible acquisition of the company Artnet (listed on a German stock exchange) and it formally disavows rumors that it may be planning to acquire one or more assets belonging to that company, none of which represent any advantage for Artprice.
Naturally, Artprice's position does not in any way constitute a value judgment concerning the company Artnet.
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