AI assistant
Gigaset AG — M&A Activity 2010
Dec 17, 2010
183_rns_2010-12-17_5dbc77af-c9be-4342-956d-63365b770dcb.html
M&A Activity
Open in viewerOpens in your device viewer
News Details
Corporate | 17 December 2010 13:01
ARQUES Industries AG: ARQUES sells Carl Froh
ARQUES Industries AG / Key word(s): Agreement
ARQUES Industries AG: ARQUES sells Carl Froh
17.12.2010 / 13:01
ARQUES sells Carl Froh
Munich, December 16, 2010 – ARQUES Industries AG has sold its subsidiary, Carl Froh, based in Sundern, to the management. The transfer of the shares will take place on January 01, 2011. The parties agreed not to disclose the purchase price. In the course of the sale the group financial liabilities are further reduced by approximately EUR 20 million.
Contact:
ARQUES Industries AG
Investor Relations
Email: [email protected]
Tel: 089/ 25 55 00 – 0
End of Corporate News
17.12.2010 Dissemination of a Corporate News, transmitted by DGAP – a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
DGAP’s Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
| Language: | English |
| Company: | ARQUES Industries AG |
| Arnulf Office Park – Arnulfstraße 37-39 | |
| 80636 München | |
| Deutschland | |
| Phone: | +49 89/255500-0 |
| Fax: | +49 89/255500-200 |
| E-mail: | [email protected] |
| Internet: | www.arques.de |
| ISIN: | DE0005156004 |
| WKN: | 515600 |
| Listed: | Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, München, Stuttgart |
| End of News | DGAP News-Service |
| - - - |
| 106877 17.12.2010 |