M&A Activity • Dec 4, 2006
M&A Activity
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News Details
Ad-hoc | 4 December 2006 16:23
Syzygy AG acquires a 51 per cent share of GFEH Gesellschaft für elektronischen Handel mbH
Ad hoc announcement transmitted by DGAP – a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. —————————————————————————— – Syzygy AG acquires a 51 percent share of GFEH Gesellschaft für elektronischen Handel mbH – Existing partners stay involved and express long-term commitment Frankfurt, December 4, 2006 Today, the Syzygy AG Management Board signed, upon approval by the Supervisory Board, a purchase agreement over a 51 per cent share of GFEH Gesellschaft für elektronischen Handel mbH. The acquisition is effective backdated to November 1, 2006. Both parties have agreed to keep the purchase price confidential. The GFEH Gesellschaft für elektronischen Handel mbH is a specialist in the online marketing area. With this transaction Syzygy AG strengthens its market position in the online marketing field and positions the company as a European full-service provider for online advertising and Internet applications. Contact: Syzygy AG Investor Relations Im Atzelnest 3 61352 Bad Homburg Tel: ++49(0)6172-9488-251 Fax: ++49(0)6172-9488-272 [email protected] www.syzygy.net (c)DGAP 04.12.2006 ————————————————————————— Language: English Issuer: Syzygy AG Im Atzelnest 3 61352 Bad Homburg Deutschland Phone: ++49 (0)6172/9488-100 Fax: ++49 (0)6172/9488-272 E-mail: [email protected] WWW: www.syzygy.net ISIN: DE0005104806 WKN: 510480 Indices: Prime All Share, Prime Standard Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin-Bremen, Stuttgart, München, Hamburg, Düsseldorf End of News DGAP News-Service —————————————————————————
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