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Provider: Reuters Investment Profile
Provider: Wright Reports
Provider: Wright Reports
Provider: SADIF-Investment Analytics, S.A.

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Yoc AG Sells Sevenval GmbH, Assets of Sevenval Ltd., Assets of YOC AG's 'Mobile Technology' Business, and of YOC Central Eastern Europe GmbH to Berlin Technologie Holding GmbH

Thursday, 25 Jul 2013 03:28am EDT 

Yoc AG announced its sell of its subsidiary Sevenval GmbH with seat in Cologne, as well as assets of Sevenval Ltd. with seat in London, assets that belong to YOC AG's 'Mobile Technology' business, and assets of YOC Central Eastern Europe GmbH with seat in Vienna. The new owner is a daughter company of Berlin Technologie Holding GmbH. This was approved by the responsible bodies of the companies involved. YOC receives up to EUR 6.5 million for the sale, with a combination of a fix and a variable price component. 

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-0.048 -2.35%
12:33pm EDT