Reuters logo
BRIEF-Brain Force Holding AG announces disposal of substantial holdings
June 26, 2014 / 7:46 AM / in 3 years

BRIEF-Brain Force Holding AG announces disposal of substantial holdings

June 26 (Reuters) - Brain Force Holding AG : * Says announces disposal of substantial holdings * Intends to sell holdings in Brain Force Software Gmbh and Brain Force S.P.A.

to Cegeka Groep N.V. * Says purchase price that the company will receive will amount to

approximately EUR 24 million * Says closing of the transaction is expected by end of 2014 * Says based on the EBIT-figure as of 30 September 2014 the purchase price

might be subject to an adjustment * Says Michael Hofer, CEO of company, to presumably resign as member of

executive board until end of April 2015 and leave company * Says in the future, Michael Hofer will be an executive within Cegeka

Group * Source text for Eikon * Further company coverage

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below