English Translation

215a kur" have drawn şich in the length, only at the beginning of July a binding offer was made by the "Merkur" which provided for a relatively low purchase offer, including a loan payment of SFrs 1 million. In the meantime, after the negotiations with the "Mercury" had been initiated, representatives of the German Ring have called and shown their interest in the acquisition of Linde-Aktien.These efforts of the Deutsche Ring were supported by the Reichsaufsichtsamt für Privatversicherung. : There are in principle concerns that a German insurance institution, especially insofar as it is not allowed to operate in the Protectorate, will have to take over an institution with a purely czech insurance portfolio.According to the judgment of all experts familiar with the local circumstances, it must be expected that, when the institution is acquired by a purely German company in the shortest time of the larger and more interesting part of the policyholders separates themselves from this institution and turns to a Czech institution. Such a migration is to an increased extent the case of şein, furls emerges as a transferee a party-exposed institution.It is therefore certainly more expedient and in the context of a planning on the Areas of the insurance system provide that Czech institutions must be transferred to German institutions which have their registered office in Protectorate, possibly also to mixed German-Czech enterprises, which are capitalised and partly under German management.Only in OONNs such a case is ensured that a Czech T7 Insurance portfolios and thus Czech capital remain in influence over the long term under German administration and German SX SESV. - no At this stage of the negotiations we were informed that in the meantime the stock 5 b: package of the "Linde" has suddenly been sold from the Bohemian-Mährische Bank to the SE dE Prague Municipal Insurance Company (owned by the Prague City Council). 43196