BRIEF-GROUP Business Software no longer majority-owned by GBS Enterprises

June 10 Tue Jun 10, 2014 8:06am EDT

June 10 (Reuters) - Group Business Software AG : * GBS Enterprises Inc. says it has transferred its majority holding in Group Business Software AG

Software into pure financial investment * Says GBS Enterprises holds now less than 50pct but more than 25pct shares in the

Group * Free float thus amounts to more than 50pct * Sees for current financial year significant increase in EBITDA and earnings * Source text for Eikon * Further company coverage