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Provider: Reuters Investment Profile

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Bigben Interactive SA finalizes sale of 51 pct of ModeLabs mobile distribution business

Tuesday, 25 Mar 2014 12:47pm EDT 

Bigben Interactive SA:Finalizes sale of 51 pct of its ModeLabs mobile distribution business.In 2012 ModeLabs mobile distribution business became subsidiary, and 5 pct stake was sold to its management.Modelabs' management had option valid until October 2015 to buy further 46 pct for 13.8 million euros.ModeLabs' management have exercised this option, leaving Bigben Interactive with 49 pct of ModeLabs mobile distribution business. 

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