Brief: 11880 Solutions Buys Fairrank
26/08/2020 12:28
Aug 26 (Reuters) - 11 88 0 SOLUTIONS AG TGTG.DE :
* 11880 SOLUTIONS AG IGNITES NEXT STAGE OF GROWTH AND
ACQUIRES
FAIRRANK GMBH TO ENABLE RAPID EXPANSION OF MARKET POSITION
* CAPITAL INCREASE ANNOUNCED TODAY WILL SEE COMPANY'S MAIN
SHAREHOLDER UNITED VERTICAL MEDIA GMBH CONTRIBUTE FAIRRANK GMBH
AS A NON-CASH CONTRIBUTION FOR 2,707,200 NEW SHARES REPRESENTING
ITS EQUITY STAKE OF 72.28 PERCENT
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