Varengold Bank AG

M&A Activity • Feb 19, 2013

News Details

Corporate | 19 February 2013 10:30

Varengold Wertpapierhandelsbank AG preserves 100% interest in the company Hanseatic Brokerhouse Securities AG by now

Varengold Wertpapierhandelsbank AG / Key word(s):
Alliance/Miscellaneous

19.02.2013 / 10:30

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Hamburg, 19th February 2013 - As already advised in the Corporate News on
27.12.2012, Varengold Wertpapierhandelsbank AG (WKN 547930), a German
investment bank with an exclusive focus on asset management with managed
futures and capital markets brokerage, has increased its existing
controlling interest of previously 71% in the Hanseatic Brokerhouse
Securities AG (HBS) to 100%.

Varengold would consolidate the previous cooperation with HBS in particular
in the fields of the trading-products CFDs and forex and thus further
strengthen its own in-house sales significantly. The increase of interests
in the HBS represents an important step in the consistent positioning of
Varengold and its seminal future visions on an international basis.

End of Corporate News

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Language: English
Company: Varengold Wertpapierhandelsbank AG
Große Elbstraße 27
22767 Hamburg
Germany
Phone: +49 (0)40 / 668649-0
Fax: +49 (0)40 / 668649-49
E-mail: info@varengold.de
Internet: www.varengold.de
ISIN: DE0005479307
WKN: 547930
Listed: Freiverkehr in Berlin, Düsseldorf, Stuttgart; Frankfurt in
Open Market (Entry Standard)

End of News DGAP News-Service

201754 19.02.2013