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11 88 0 Solutions AG — M&A Activity 2000
Apr 27, 2000
2_rns_2000-04-27_e496fc9b-5f18-4536-be1f-1d8ba29fd48b.html
M&A Activity
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Ad-hoc | 27 April 2000 19:06
Ad hoc-Service: Telegate AG telegate AG
Ad-hoc announcement sent by DGAP. The sender is solely responsible for the contents of this announcement. —————————————————————————— PRESS RELEASE telegate AG, Munich, takes a 33 percent holding in internet travel agent arsmovendi.com AG and in business travel specialist KIM Travel Consulting AG Munich, 28 April 2000. telegate AG has secured a slice of the lucrative travel market by taking a 33 percent holding in each of the two internet travel agents,arsmovendi.com AG and KIM Travel Consulting AG, Munich. The Munich-based information service enterprise will supplement its internet and audio portal with the travel arrangements offered by these two companies. In the future, there will be a link from the portal of the telegate subsidiary 11880.com to the complete range of travel services offered by arsmovendi.com AG ad KIM Travel Consulting AG. A highly developed reservation and booking system provides general information, enables direct last minute and hotel bookings to be made, provides customised business-travel concepts and gives users the choice of over a million low-cost flights. Financial information: Press information: telegate AG Hoschke & Consorten Wolfgang Brand Anja Meyer, Andreas Hoschke Fraunhofer Str. 20 Deichstrasse 29 D-82152 München-Martinsried D-20459 Hamburg Tel.: +49 89 8954-1120 Tel.: +49 40 361146 Fax: +49 89 8954-1810 Fax: +49 40 361144 e-mail: [email protected] e-mail: [email protected] End of Message