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SIMCORP reaches 100 pct ownership in UK-based Equipos


Tuesday, 25 Feb 2014 11:08am EST 

SIMCORP A/S:Enters into agreement to acquire the remaining 80 percent of shares in Equipos Ltd.Total cash consideration for the shares is 8.3 million pounds (10.0 million euros).Prior to the acquisition SimCorp owned 20 percent of the shares in Equipos.The acquisition will be effective as of March 1.Equipos is a provider of reporting software capabilities. 

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170.0
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10:59am EST