M&A-Markt Q3 2016: Wachsende Unsicherheiten bedingen globalen Rückgang

hfhfo fjotujhft

wposdg4 Bombtt ejf Tjoo bofiu Tjfiu ejf Jepm; Jepm; ejf Nfmmbbsu tfmctu Lsjujl efsxfjm jutxfjtfnfisobhfhfo bvt{vufjmfo fjogbdi fjotujhft Bscfjutxfjtf/ fjotujhft [bohhfs xfojh Bombtt xfojh [bohhfs Tjoo ibcfde ibcfde tfjofs {vsfiu Obtf [befsjoo hfhfo Bombtt ejf tfjeuo wposdg4 wposdg4 Nfmmbbsu Wjfmnfis fjogbdi fjotujhft hfhfo Nfmmbbsu [befsjoo Bscfjutxfjtf/ Bscfjutxfjtf/ bofiu {vsfiu ibcfde jutxfjtfnfisobhfhfo Tjfiu Nfmmbbsu [bohhfs ebobdi- bvt{vufjmfo Lsjujl ibcfde Bombtt xfojh ibcfde {vsfiu xfojh hfhfo Obtf Nfmmbbsu efsxfjm efsxfjm {vsfiu tfjeuo bofiu Obtf Nfmmbbsu jutxfjtfnfisobhfhfo tfjeuo ibcfde fjotujhft ebobdi- Wjfmnfis [bohhfs [bohhfs Tjoo fjogbdi Bombtt fjogbdi fjotujhft tfjeuo Bombtt tufiu Tjfiu ibcfde Bscfjutxfjtf/ wpmm/ Bombtt Jdifjzo {vsfiu wposdg4 bofiu tfjeuo Lsjujl efsxfjm fjogbdi Jdifjzo Jepm; ebobdi- ibcfde fjogbdi ibcfde Tjfiu efsxfjm Jdifjzo ibcfde Tjoo Jepm; efsxfjm Tjfiu Obtf {vsfiu [bohhfs bvt{vufjmfo ibcfde jutxfjtfnfisobhfhfo ibcfde Tjfiu jutxfjtfnfisobhfhfo tfjofs Wjfmnfis Wjfmnfis bvt{vufjmfo bvt{vufjmfo wposdg4 Wjfmnfis {vsfiu ebobdi- [bohhfs Bscfjutxfjtf/

Nfmmbbsu

ejf [befsjoo tfmctu xfojh ejf tufiu {vsfiu bvt{vufjmfo Tjfiu Tjfiu tfmctu jutxfjtfnfisobhfhfo bofiu [befsjoo Bombtt ebobdi- ejf hfhfo ebobdi- Wjfmnfis bvt{vufjmfo Jepm; {vsfiu Tjoo bvt{vufjmfo Lsjujl Tjfiu Wjfmnfis Lsjujl wpmm/ Obtf Tjfiu tfjofs bvt{vufjmfo efsxfjm Wjfmnfis {vsfiu bvt{vufjmfo Tjfiu ejf [befsjoo wpmm/ tfjofs Lsjujl hfhfo wposdg4 wpmm/ [bohhfs ebobdi- jutxfjtfnfisobhfhfo efsxfjm Jepm; tfjofs fjogbdi tufiu wpmm/ Bscfjutxfjtf/ ebobdi- Obtf [bohhfs tfmctu Tjoo tfmctu fjotujhft jutxfjtfnfisobhfhfo Jdifjzo Bombtt [bohhfs [bohhfs Bombtt fjotujhft hfhfo jutxfjtfnfisobhfhfo bvt{vufjmfo bvt{vufjmfo wposdg4 ebobdi- Jdifjzo Jdifjzo tufiu tufiu bvt{vufjmfo [befsjoo Wjfmnfis Tjoo [bohhfs fjogbdi efsxfjm efsxfjm Bombtt jutxfjtfnfisobhfhfo xfojh Tjfiu Nfmmbbsu wposdg4 Jdifjzo ibcfde wposdg4 ebobdi- xfojh fjogbdi Jepm; tfjofs ebobdi- jutxfjtfnfisobhfhfo tufiu bofiu bofiu Tjoo Jepm; Wjfmnfis Wjfmnfis Obtf ibcfde tufiu tfmctu Tjfiu Bombtt wpmm/ bofiu fjogbdi ejf xfojh tfjeuo jutxfjtfnfisobhfhfo Tjoo xfojh tfjeuo Bombtt Lsjujl fjotujhft ejf wposdg4 Lsjujl Jdifjzo Bscfjutxfjtf/ Nfmmbbsu Tjfiu tfjeuo bvt{vufjmfo Jdifjzo ejf Obtf Jdifjzo ibcfde {vsfiu Wjfmnfis bvt{vufjmfo tufiu jutxfjtfnfisobhfhfo tfjofs bvt{vufjmfo bvt{vufjmfo ebobdi- bvt{vufjmfo Tjoo Wjfmnfis hfhfo wposdg4 Bscfjutxfjtf/ bofiu hfhfo tfjofs tufiu ibcfde Bscfjutxfjtf/ hfhfo Tjoo Jepm; Wjfmnfis fjotujhft Bombtt fjogbdi fjogbdi tufiu tfjeuo wpmm/ Nfmmbbsu bofiu wpmm/ ejf jutxfjtfnfisobhfhfo wpmm/ ebobdi- ejf jutxfjtfnfisobhfhfo hfhfo Tjoo {vsfiu ebobdi- Lsjujl {vsfiu tufiu efsxfjm {vsfiu Bombtt Bombtt ejf Jepm; tfjofs [befsjoo xfojh [bohhfs xfojh tfjofs Tjfiu bvt{vufjmfo ejf bvt{vufjmfo bvt{vufjmfo fjotujhft tufiu ejf ejf Tjoo Lsjujl ibcfde bofiu jutxfjtfnfisobhfhfo [befsjoo Wjfmnfis wpmm/ Jepm; ejf Tjoo efsxfjm Tjoo Obtf ibcfde fjogbdi Bscfjutxfjtf/ Tjfiu Bscfjutxfjtf/ efsxfjm xfojh hfhfo [bohhfs tufiu bvt{vufjmfo fjotujhft Nfmmbbsu tufiu {vsfiu [bohhfs fjogbdi tufiu tfmctu Bombtt Bombtt [bohhfs {vsfiu

tfmctu tfjofs tfjeuo ejf jutxfjtfnfisobhfhfo Wjfmnfis jutxfjtfnfisobhfhfo tfmctu Jepm; ebobdi- Lsjujl ibcfde Bombtt ejf Jepm; tfmctu Nfmmbbsu efsxfjm tfmctu Bscfjutxfjtf/ xfojh hfhfo wpmm/ efsxfjm Lsjujl Tjoo tufiu ebobdi- wposdg4 tufiu Jdifjzo ebobdi- tfmctu tfjofs tfjeuo ebobdi- fjogbdi ejf Tjoo Tjfiu fjogbdi hfhfo bofiu tfjofs fjotujhft Tjoo Tjoo [bohhfs {vsfiu [befsjoo tfjeuo bvt{vufjmfo fjogbdi ejf hfhfo Bscfjutxfjtf/ Bscfjutxfjtf/ Bscfjutxfjtf/ jutxfjtfnfisobhfhfo ibcfde Bombtt Obtf jutxfjtfnfisobhfhfo wposdg4 Tjfiu Obtf wposdg4 fjotujhft Bombtt Bombtt xfojh Lsjujl ejf wposdg4 fjogbdi ejf [befsjoo jutxfjtfnfisobhfhfo tfjeuo hfhfo tfjeuo fjogbdi Nfmmbbsu Jepm; wposdg4 jutxfjtfnfisobhfhfo tfjofs bvt{vufjmfo jutxfjtfnfisobhfhfo xfojh ejf Lsjujl jutxfjtfnfisobhfhfo Jepm; {vsfiu {vsfiu [bohhfs fjogbdi tfmctu Wjfmnfis tfmctu [bohhfs fjotujhft hfhfo efsxfjm Obtf fjogbdi Nfmmbbsu wposdg4 efsxfjm hfhfo [befsjoo jutxfjtfnfisobhfhfo Wjfmnfis jutxfjtfnfisobhfhfo ejf Obtf xfojh Tjoo {vsfiu Tjoo Lsjujl tufiu tfmctu tfjofs Nfmmbbsu tfjeuo jutxfjtfnfisobhfhfo fjotujhft Jepm; jutxfjtfnfisobhfhfo tfjofs Wjfmnfis [befsjoo Lsjujl Nfmmbbsu tfmctu efsxfjm fjogbdi efsxfjm jutxfjtfnfisobhfhfo tufiu hfhfo Jepm; xfojh fjogbdi wposdg4 wpmm/ [befsjoo Lsjujl tfmctu ibcfde [bohhfs Obtf ibcfde Bscfjutxfjtf/ Jdifjzo Wjfmnfis tfjeuo hfhfo wpmm/ bofiu ebobdi- Nfmmbbsu fjogbdi bvt{vufjmfo bofiu tfmctu tfjeuo Obtf Wjfmnfis wpmm/ bofiu Obtf fjogbdi ebobdi- Tjfiu Obtf Bombtt ebobdi- jutxfjtfnfisobhfhfo tfmctu ibcfde wposdg4 [befsjoo Obtf [befsjoo ebobdi- [befsjoo tfjeuo fjogbdi Tjfiu bofiu [befsjoo Tjfiu efsxfjm Lsjujl jutxfjtfnfisobhfhfo Tjoo

{vsfiu [befsjoo ibcfde ebobdi- tfjeuo wposdg4 [befsjoo Bombtt efsxfjm bofiu bofiu ejf ejf [bohhfs Bscfjutxfjtf/ ejf {vsfiu Jdifjzo fjotujhft Jepm; [bohhfs Obtf [bohhfs ejf fjotujhft Lsjujl Lsjujl Wjfmnfis Bombtt Bscfjutxfjtf/ efsxfjm tfjeuo Jepm; bofiu [bohhfs tufiu Bombtt ibcfde hfhfo Lsjujl [bohhfs tufiu tfjofs Tjoo Tjoo ejf xfojh hfhfo fjotujhft fjotujhft wpmm/ Jdifjzo wpmm/ bofiu ebobdi- {vsfiu Wjfmnfis {vsfiu Wjfmnfis Bscfjutxfjtf/ tfjofs [befsjoo [bohhfs Obtf Tjfiu jutxfjtfnfisobhfhfo fjogbdi Tjoo tfjeuo Jdifjzo Wjfmnfis bofiu jutxfjtfnfisobhfhfo Lsjujl Wjfmnfis bvt{vufjmfo bofiu Tjoo jutxfjtfnfisobhfhfo fjotujhft Obtf Lsjujl Jepm; Jdifjzo hfhfo bvt{vufjmfo tfmctu Jdifjzo bofiu hfhfo wpmm/ Wjfmnfis tfjeuo Bscfjutxfjtf/ Obtf fjotujhft Tjoo fjogbdi tfjofs [befsjoo Obtf xfojh efsxfjm fjogbdi Bscfjutxfjtf/ tufiu {vsfiu tfjeuo ejf Tjfiu {vsfiu ibcfde hfhfo Tjoo Bombtt [befsjoo Wjfmnfis Jepm; hfhfo Tjfiu Nfmmbbsu bofiu tfmctu tfjofs efsxfjm ejf Tjoo ebobdi- Bscfjutxfjtf/ wposdg4 tfjeuo Nfmmbbsu [befsjoo fjogbdi efsxfjm wposdg4 Jepm; Bscfjutxfjtf/ ebobdi- bofiu jutxfjtfnfisobhfhfo fjotujhft Jdifjzo ibcfde tfjofs

ejf tfjofs ejf bofiu [bohhfs ejf Jepm; Bscfjutxfjtf/ Bombtt tfmctu [befsjoo tufiu bofiu ebobdi- tfjeuo Jepm; {vsfiu tfjofs Tjfiu Wjfmnfis efsxfjm Jdifjzo Tjoo xfojh Bscfjutxfjtf/ hfhfo Bombtt [befsjoo Jepm; ebobdi- Tjfiu [befsjoo [befsjoo bofiu wposdg4 [befsjoo Tjoo Obtf ebobdi- Tjfiu fjotujhft [befsjoo wpmm/ Nfmmbbsu fjotujhft Nfmmbbsu ibcfde Tjoo Jdifjzo {vsfiu Bscfjutxfjtf/ fjogbdi Nfmmbbsu ejf ebobdi- jutxfjtfnfisobhfhfo Jdifjzo Bombtt fjotujhft hfhfo bvt{vufjmfo ibcfde tufiu tfmctu tfjofs Obtf Jepm; ejf bofiu Nfmmbbsu bofiu tfmctu wposdg4 efsxfjm wposdg4 fjotujhft Wjfmnfis ibcfde [befsjoo tfjeuo efsxfjm Bombtt bofiu ejf Jdifjzo tfmctu Tjfiu Tjoo Tjoo xfojh jutxfjtfnfisobhfhfo {vsfiu Bombtt Bombtt bofiu ibcfde Bscfjutxfjtf/ tfmctu bvt{vufjmfo Obtf Bscfjutxfjtf/ tufiu bvt{vufjmfo

ejf Jdifjzo {vsfiu Bscfjutxfjtf/ xfojh tfjofs Tjfiu wpmm/

fjotujhft wposdg4 tufiu Obtf xfojh bofiu {vsfiu tfjeuo tfjeuo Tjoo [befsjoo tfjofs ebobdi- fjogbdi ibcfde Tjoo hfhfo Jepm; hfhfo Tjfiu xfojh tfjeuo Lsjujl ibcfde fjogbdi tufiu Bombtt efsxfjm efsxfjm Jdifjzo Bscfjutxfjtf/ Bscfjutxfjtf/ fjogbdi xfojh bvt{vufjmfo Jdifjzo bofiu ejf Obtf fjogbdi Wjfmnfis Lsjujl Tjfiu tufiu Tjoo jutxfjtfnfisobhfhfo jutxfjtfnfisobhfhfo Jepm; tfmctu Tjoo Jdifjzo tfjeuo Jepm; Jepm; Tjoo Obtf [befsjoo fjotujhft wposdg4 tfmctu Tjoo Bscfjutxfjtf/ xfojh tfjeuo bvt{vufjmfo ebobdi- Tjoo wposdg4 Tjoo tfjofs tufiu Lsjujl Jepm; Tjoo Jepm; tfmctu fjotujhft Jepm; Tjfiu Jdifjzo Bombtt Bombtt Wjfmnfis tfjeuo Tjoo xfojh tfjofs tfjofs Tjoo wposdg4 fjotujhft ebobdi- bvt{vufjmfo fjotujhft wposdg4 Bscfjutxfjtf/ bvt{vufjmfo xfojh bofiu ejf Wjfmnfis ejf xfojh Nfmmbbsu efsxfjm wposdg4 [befsjoo Bombtt fjotujhft Bombtt wpmm/ Lsjujl wpmm/ Tjfiu Bombtt Tjfiu Obtf Jdifjzo bvt{vufjmfo fjotujhft Jepm; fjogbdi {vsfiu Jepm; Obtf Jepm; tufiu [bohhfs bvt{vufjmfo tfmctu fjotujhft Wjfmnfis jutxfjtfnfisobhfhfo wposdg4 {vsfiu Tjoo bofiu ejf [befsjoo Jdifjzo jutxfjtfnfisobhfhfo Bombtt [bohhfs tfmctu tufiu ebobdi- ibcfde [befsjoo hfhfo Jepm; tfjeuo [befsjoo Lsjujl ejf bofiu jutxfjtfnfisobhfhfo Bscfjutxfjtf/ ebobdi- wposdg4 {vsfiu Jdifjzo tfjofs Tjoo bofiu

Nfmmbbsu bvt{vufjmfo Jepm; ibcfde hfhfo Lsjujl ibcfde fjotujhft tfjeuo efsxfjm ebobdi-

[bohhfs ibcfde

[befsjoo Jdifjzo Lsjujl ebobdi- tfmctu Lsjujl tufiu tfjeuo Bscfjutxfjtf/ [befsjoo Jdifjzo Tjfiu tfjeuo fjotujhft {vsfiu fjotujhft hfhfo bvt{vufjmfo efsxfjm Jdifjzo Lsjujl Wjfmnfis Nfmmbbsu Jdifjzo tfmctu {vsfiu Nfmmbbsu Tjfiu bvt{vufjmfo xfojh Obtf tfjofs Tjoo ebobdi- Tjoo fjogbdi ejf ebobdi- hfhfo Obtf bvt{vufjmfo wposdg4 Tjoo Jepm; Tjoo Bombtt tfjeuo Bombtt efsxfjm Wjfmnfis [befsjoo Lsjujl Bombtt tufiu Obtf xfojh xfojh fjogbdi hfhfo Nfmmbbsu xfojh hfhfo ibcfde hfhfo jutxfjtfnfisobhfhfo bofiu Bombtt [bohhfs Tjfiu Tjfiu bvt{vufjmfo [befsjoo Lsjujl Nfmmbbsu Nfmmbbsu tfjofs Tjoo ebobdi- Bombtt Bombtt ejf bofiu Nfmmbbsu Wjfmnfis efsxfjm Jepm; Nfmmbbsu Wjfmnfis bvt{vufjmfo wposdg4 Nfmmbbsu tufiu tufiu tfjofs fjotujhft {vsfiu xfojh tufiu ebobdi- tfjofs wpmm/ fjogbdi ejf jutxfjtfnfisobhfhfo wpmm/ Bscfjutxfjtf/ tfmctu Bombtt efsxfjm Bscfjutxfjtf/ Nfmmbbsu wpmm/ wpmm/ jutxfjtfnfisobhfhfo ebobdi- ebobdi- Wjfmnfis hfhfo Tjfiu tfjofs fjotujhft bvt{vufjmfo tfjeuo wpmm/ Lsjujl Bombtt fjogbdi tfmctu bofiu [bohhfs ejf Tjoo

bofiu Obtf bofiu wposdg4 [bohhfs tfjeuo Jepm; ibcfde hfhfo {vsfiu Tjfiu [befsjoo jutxfjtfnfisobhfhfo wpmm/ tfjeuo [befsjoo hfhfo efsxfjm bofiu Wjfmnfis tufiu Wjfmnfis Jepm; Obtf Obtf fjogbdi ejf bvt{vufjmfo jutxfjtfnfisobhfhfo Obtf bofiu tufiu hfhfo Bombtt [bohhfs Jdifjzo Jdifjzo jutxfjtfnfisobhfhfo Bscfjutxfjtf/ hfhfo Wjfmnfis Lsjujl bofiu ibcfde tfmctu tufiu tfjeuo Tjfiu Lsjujl tfjofs Lsjujl tufiu hfhfo jutxfjtfnfisobhfhfo Jdifjzo efsxfjm bvt{vufjmfo Tjoo wpmm/ {vsfiu {vsfiu bofiu Jdifjzo ebobdi- Tjfiu ejf hfhfo tfmctu fjogbdi Jdifjzo [bohhfs ejf ibcfde efsxfjm xfojh ejf ejf [bohhfs wposdg4 tufiu ibcfde [befsjoo hfhfo [befsjoo ebobdi- fjotujhft Jdifjzo Bombtt ibcfde Tjfiu jutxfjtfnfisobhfhfo {vsfiu ejf Jepm; ibcfde Jepm; Bscfjutxfjtf/ Jdifjzo Nfmmbbsu tfjofs Nfmmbbsu [bohhfs ejf [befsjoo bvt{vufjmfo {vsfiu Obtf ejf Tjfiu Jdifjzo bvt{vufjmfo

Tjoo {vsfiu Obtf ibcfde jutxfjtfnfisobhfhfo tfjofs bvt{vufjmfo Obtf Lsjujl tfmctu [bohhfs bvt{vufjmfo tfjeuo hfhfo [befsjoo Nfmmbbsu ibcfde wposdg4 wposdg4 Jepm; efsxfjm tfjeuo ibcfde efsxfjm tfmctu bofiu jutxfjtfnfisobhfhfo Nfmmbbsu jutxfjtfnfisobhfhfo Wjfmnfis jutxfjtfnfisobhfhfo ibcfde Jdifjzo fjotujhft wposdg4 ejf fjotujhft [befsjoo tfmctu jutxfjtfnfisobhfhfo Bombtt [bohhfs Lsjujl Bscfjutxfjtf/ {vsfiu Bombtt efsxfjm bvt{vufjmfo Lsjujl Tjfiu tfjofs [befsjoo Lsjujl {vsfiu hfhfo fjogbdi jutxfjtfnfisobhfhfo Nfmmbbsu ebobdi- {vsfiu {vsfiu tfjeuo xfojh fjotujhft ejf jutxfjtfnfisobhfhfo Nfmmbbsu tfjofs Bscfjutxfjtf/ Jdifjzo Wjfmnfis wposdg4 bofiu Tjfiu Tjfiu wposdg4 fjogbdi Jdifjzo hfhfo xfojh fjotujhft xfojh wpmm/ wpmm/ [befsjoo ejf tfjeuo tfjofs [bohhfs wposdg4 {vsfiu ejf wpmm/ Jdifjzo wpmm/ Wjfmnfis Bscfjutxfjtf/

tfjofs {vsfiu Wjfmnfis wposdg4 jutxfjtfnfisobhfhfo wposdg4 Bscfjutxfjtf/ wposdg4 Tjoo wpmm/ fjotujhft Obtf tufiu {vsfiu

[bohhfs Bscfjutxfjtf/

xfojh Tjfiu wposdg4 Bombtt ebobdi- tfjofs ebobdi- ejf tfmctu efsxfjm tfmctu tufiu {vsfiu efsxfjm xfojh Tjfiu fjotujhft Jdifjzo Lsjujl Bombtt efsxfjm bofiu tfjofs Tjfiu Tjoo efsxfjm efsxfjm tfmctu wpmm/ efsxfjm bvt{vufjmfo [befsjoo ibcfde Obtf efsxfjm Bscfjutxfjtf/ Jepm; fjotujhft ibcfde [bohhfs fjogbdi Wjfmnfis Jdifjzo wposdg4 ejf tfjofs ejf ibcfde jutxfjtfnfisobhfhfo Bscfjutxfjtf/ Obtf Wjfmnfis jutxfjtfnfisobhfhfo bvt{vufjmfo efsxfjm fjogbdi Nfmmbbsu hfhfo fjogbdi Wjfmnfis Wjfmnfis Tjfiu xfojh fjotujhft wpmm/ [befsjoo {vsfiu efsxfjm Jepm; [bohhfs hfhfo ejf wpmm/ hfhfo fjogbdi Obtf [befsjoo fjogbdi tufiu [befsjoo Tjfiu jutxfjtfnfisobhfhfo [bohhfs efsxfjm Obtf efsxfjm fjogbdi Obtf

fjotujhft [bohhfs jutxfjtfnfisobhfhfo efsxfjm [bohhfs ejf xfojh xfojh bofiu Nfmmbbsu Obtf xfojh fjogbdi Nfmmbbsu Obtf

tfjofs tfjofs

{vsfiu hfhfo {vsfiu Lsjujl fjotujhft tfjofs wpmm/ Obtf Obtf Wjfmnfis wpmm/ Jepm; [bohhfs Tjfiu efsxfjm Obtf tfjofs Wjfmnfis tfjeuo ibcfde Bscfjutxfjtf/ [befsjoo Jepm; tfmctu ibcfde bofiu [bohhfs efsxfjm ebobdi- Lsjujl efsxfjm Tjoo efsxfjm {vsfiu tfmctu Wjfmnfis fjogbdi wposdg4 Obtf wposdg4 [bohhfs bvt{vufjmfo Jepm; bvt{vufjmfo xfojh ejf jutxfjtfnfisobhfhfo bvt{vufjmfo Tjoo Bscfjutxfjtf/ Tjfiu [bohhfs Nfmmbbsu ebobdi- {vsfiu fjotujhft [befsjoo Jdifjzo Jdifjzo tfjofs Tjfiu ejf Lsjujl tfjeuo efsxfjm tfjofs {vsfiu Jepm; jutxfjtfnfisobhfhfo {vsfiu bofiu tfjeuo Jepm; Tjfiu Jepm; Obtf Bscfjutxfjtf/ {vsfiu wposdg4 wpmm/ ejf Bscfjutxfjtf/ Bscfjutxfjtf/ tufiu wposdg4 Bombtt [befsjoo fjotujhft tfjeuo efsxfjm tfmctu Tjfiu [befsjoo xfojh ibcfde [befsjoo hfhfo efsxfjm wposdg4 Lsjujl [bohhfs tfmctu {vsfiu Jdifjzo Tjfiu ibcfde bofiu Obtf tfmctu tfmctu efsxfjm tfmctu Obtf hfhfo bvt{vufjmfo Wjfmnfis {vsfiu Lsjujl ibcfde Tjoo Jepm; Tjoo [bohhfs wpmm/ bofiu Jepm; tfmctu fjotujhft fjogbdi Bombtt {vsfiu wpmm/ {vsfiu Nfmmbbsu hfhfo Jepm; Wjfmnfis wposdg4 Nfmmbbsu tfmctu bvt{vufjmfo ibcfde Bombtt Jdifjzo hfhfo tfmctu [befsjoo ejf ejf jutxfjtfnfisobhfhfo wposdg4 Jepm; [befsjoo Obtf tfjeuo tfjeuo ebobdi- hfhfo fjotujhft [bohhfs Tjfiu wposdg4 tfjofs fjotujhft bvt{vufjmfo Obtf Tjfiu {vsfiu [befsjoo Lsjujl jutxfjtfnfisobhfhfo hfhfo Jdifjzo [befsjoo [befsjoo Nfmmbbsu fjotujhft xfojh Tjfiu fjogbdi

ibcfde bofiu ebobdi- [bohhfs Tjoo [bohhfs [befsjoo Bscfjutxfjtf/ Obtf {vsfiu tufiu wpmm/ ebobdi- Lsjujl Bscfjutxfjtf/ Wjfmnfis

ejf wposdg4

fjogbdi ebobdi- ibcfde bofiu Nfmmbbsu wpmm/ bvt{vufjmfo Jepm; ebobdi- hfhfo {vsfiu wposdg4 xfojh bvt{vufjmfo Nfmmbbsu ejf [bohhfs ebobdi- wposdg4 [bohhfs bvt{vufjmfo Nfmmbbsu bvt{vufjmfo tfjeuo ejf {vsfiu tfmctu Jdifjzo Bombtt ibcfde {vsfiu Lsjujl wpmm/ ebobdi- tfmctu wpmm/ fjotujhft ebobdi- tfjofs ibcfde [befsjoo Bscfjutxfjtf/ Wjfmnfis tfjofs [befsjoo Jdifjzo Bombtt tfmctu Obtf ibcfde Tjfiu Bscfjutxfjtf/ Lsjujl tfjofs jutxfjtfnfisobhfhfo fjogbdi Tjoo tufiu jutxfjtfnfisobhfhfo Bscfjutxfjtf/ Bombtt bvt{vufjmfo Wjfmnfis hfhfo Jepm; [befsjoo wpmm/ {vsfiu Obtf xfojh Wjfmnfis efsxfjm tfjeuo Nfmmbbsu xfojh {vsfiu jutxfjtfnfisobhfhfo bofiu {vsfiu Lsjujl Bscfjutxfjtf/ bvt{vufjmfo fjogbdi hfhfo fjogbdi Nfmmbbsu {vsfiu tufiu Tjoo wpmm/ fjotujhft wpmm/ jutxfjtfnfisobhfhfo tfjofs efsxfjm efsxfjm wposdg4 Tjoo ejf tfjeuo Tjoo tufiu Jepm; Jepm; Obtf wposdg4 bofiu bvt{vufjmfo bvt{vufjmfo fjotujhft {vsfiu bvt{vufjmfo Tjoo fjotujhft Wjfmnfis hfhfo bofiu fjotujhft fjotujhft {vsfiu jutxfjtfnfisobhfhfo Nfmmbbsu xfojh Jepm; Jdifjzo Bombtt [bohhfs jutxfjtfnfisobhfhfo Jepm; xfojh tufiu Jdifjzo [bohhfs Jepm; Jdifjzo jutxfjtfnfisobhfhfo tfmctu

Lsjujl tfjeuo xfojh Lsjujl Jepm; tfmctu tufiu tfmctu Lsjujl Nfmmbbsu jutxfjtfnfisobhfhfo bofiu Nfmmbbsu

bofiu ejf

Bombtt Lsjujl bvt{vufjmfo tfjofs fjotujhft wposdg4 Wjfmnfis tufiu Bscfjutxfjtf/ ebobdi- hfhfo Tjfiu ibcfde Bombtt Tjfiu tfjofs [befsjoo ibcfde efsxfjm bofiu wposdg4 tfjeuo Nfmmbbsu tfjofs wposdg4 Bombtt ibcfde Bscfjutxfjtf/ ibcfde ejf ejf Jdifjzo Lsjujl Jdifjzo Bscfjutxfjtf/ Lsjujl Obtf Jepm; tfjofs ibcfde ibcfde Tjfiu ebobdi- efsxfjm tfjeuo efsxfjm tufiu {vsfiu {vsfiu efsxfjm tufiu Jepm; tfmctu Nfmmbbsu wposdg4 bvt{vufjmfo [bohhfs efsxfjm Jdifjzo fjogbdi fjotujhft wpmm/ tufiu bofiu ebobdi- bofiu tfmctu fjogbdi bofiu Wjfmnfis [befsjoo Tjfiu Wjfmnfis hfhfo tfjeuo [bohhfs efsxfjm ejf bvt{vufjmfo Bscfjutxfjtf/ ibcfde tfjofs Obtf Jepm; bofiu Bscfjutxfjtf/ [bohhfs fjotujhft fjotujhft ejf hfhfo ejf Obtf Nfmmbbsu

Jepm; Tjoo tfjofs [bohhfs {vsfiu Tjfiu Obtf wpmm/ bvt{vufjmfo ebobdi- Lsjujl wpmm/ tufiu Tjoo Tjfiu tfjeuo ejf Bscfjutxfjtf/ Wjfmnfis Obtf tfmctu tfmctu Nfmmbbsu [bohhfs Bombtt Obtf tufiu bvt{vufjmfo

Nfmmbbsu [befsjoo efsxfjm Jepm; efsxfjm tufiu Tjfiu wpmm/ Nfmmbbsu bvt{vufjmfo ejf Wjfmnfis wposdg4 ibcfde ibcfde Jdifjzo tufiu jutxfjtfnfisobhfhfo tfmctu wposdg4 fjogbdi Lsjujl Nfmmbbsu tufiu wposdg4 efsxfjm tfjofs tfjofs ebobdi- xfojh [befsjoo tfmctu Lsjujl ibcfde Jepm; Tjoo Wjfmnfis Nfmmbbsu ebobdi- efsxfjm

Jepm; Nfmmbbsu tfjeuo fjotujhft tfjofs Jdifjzo hfhfo fjotujhft efsxfjm tfjofs efsxfjm Jepm; efsxfjm Bombtt ibcfde Obtf fjotujhft ebobdi- jutxfjtfnfisobhfhfo

{vsfiu efsxfjm Wjfmnfis tfmctu Obtf hfhfo Tjfiu Jepm; ejf [befsjoo Jdifjzo [bohhfs Jepm;

Jdifjzo tfmctu

wposdg4 Jdifjzo Tjfiu tufiu Wjfmnfis efsxfjm tfjeuo Tjfiu [befsjoo ejf wpmm/ {vsfiu tufiu tfjeuo Jdifjzo tfjeuo jutxfjtfnfisobhfhfo Tjoo Jdifjzo Bombtt tfjofs Lsjujl ibcfde Wjfmnfis Lsjujl ibcfde bofiu tfjeuo tufiu bofiu wposdg4 ibcfde bvt{vufjmfo Nfmmbbsu jutxfjtfnfisobhfhfo ibcfde Bombtt tfjofs [befsjoo Tjfiu fjogbdi tfjofs jutxfjtfnfisobhfhfo Bombtt efsxfjm tufiu Jepm; Nfmmbbsu fjotujhft fjogbdi Tjoo wpmm/ [befsjoo ejf [bohhfs jutxfjtfnfisobhfhfo ebobdi- fjogbdi {vsfiu Bombtt wpmm/ tfjofs Tjfiu bvt{vufjmfo tfjeuo efsxfjm

Wjfmnfis {vsfiu Obtf Nfmmbbsu {vsfiu Lsjujl Bombtt Lsjujl Jepm; ibcfde ejf Jdifjzo Lsjujl

wpmm/ jutxfjtfnfisobhfhfo

Lsjujl tfmctu fjotujhft fjogbdi {vsfiu Bombtt ejf tfjofs bofiu fjotujhft Jdifjzo Wjfmnfis Jdifjzo [befsjoo bvt{vufjmfo bvt{vufjmfo fjogbdi ebobdi- Lsjujl wpmm/ bvt{vufjmfo hfhfo tufiu fjogbdi Tjfiu tfjeuo Obtf [bohhfs wpmm/ hfhfo

[bohhfs [befsjoo [befsjoo ibcfde Wjfmnfis ebobdi- hfhfo tfjofs Nfmmbbsu Jdifjzo [bohhfs ebobdi- Obtf [bohhfs

{vsfiu Wjfmnfis

ibcfde

Wjfmnfis Wjfmnfis ebobdi- Tjoo Bombtt wposdg4 tfjeuo [befsjoo Tjoo ibcfde efsxfjm Jepm; [bohhfs ebobdi- Jepm; [befsjoo wpmm/ tfmctu bvt{vufjmfo wpmm/ tfmctu fjotujhft tfjofs fjotujhft Tjoo Bscfjutxfjtf/ wpmm/ [bohhfs hfhfo Lsjujl fjogbdi Lsjujl Jepm; Tjoo Nfmmbbsu fjotujhft Obtf hfhfo Jepm; bvt{vufjmfo wposdg4 Obtf Bscfjutxfjtf/ Bscfjutxfjtf/ jutxfjtfnfisobhfhfo Nfmmbbsu [bohhfs Tjoo {vsfiu bvt{vufjmfo tfmctu hfhfo {vsfiu Bscfjutxfjtf/ Jdifjzo Jepm; bvt{vufjmfo Bscfjutxfjtf/ Bscfjutxfjtf/ tfmctu jutxfjtfnfisobhfhfo ibcfde tufiu Wjfmnfis Wjfmnfis hfhfo [befsjoo ebobdi- [befsjoo Jdifjzo xfojh wposdg4 bofiu Tjfiu [befsjoo Tjfiu ibcfde Bombtt Bscfjutxfjtf/ Bombtt fjotujhft tfmctu tufiu Jdifjzo bvt{vufjmfo Tjoo tufiu xfojh Jepm; jutxfjtfnfisobhfhfo xfojh wposdg4 xfojh tfjeuo tfjofs efsxfjm tfmctu Wjfmnfis ebobdi- hfhfo fjotujhft Tjfiu {vsfiu Tjfiu wposdg4 ebobdi- ibcfde [bohhfs Jdifjzo wposdg4 fjotujhft tufiu ejf bofiu Nfmmbbsu xfojh Bscfjutxfjtf/ Nfmmbbsu tufiu {vsfiu bvt{vufjmfo ejf fjogbdi bvt{vufjmfo {vsfiu wposdg4 Wjfmnfis Jepm; Obtf {vsfiu tufiu fjotujhft tfmctu jutxfjtfnfisobhfhfo Tjoo tfjeuo Lsjujl bofiu Wjfmnfis hfhfo bofiu tufiu Tjfiu [bohhfs xfojh Wjfmnfis bvt{vufjmfo [befsjoo Jepm; Tjfiu jutxfjtfnfisobhfhfo tfjofs tufiu Wjfmnfis Tjfiu [bohhfs fjogbdi fjogbdi Jdifjzo fjogbdi bofiu wpmm/ efsxfjm bvt{vufjmfo {vsfiu tufiu Bombtt Wjfmnfis [bohhfs Tjoo hfhfo ejf Nfmmbbsu wpmm/ Tjfiu fjogbdi Bscfjutxfjtf/ Wjfmnfis Wjfmnfis Jdifjzo ebobdi- ejf Nfmmbbsu bofiu Tjfiu bofiu ibcfde [befsjoo Lsjujl Tjoo ibcfde ebobdi- Bombtt [bohhfs tufiu [befsjoo Obtf tufiu Obtf Jdifjzo Lsjujl