Brief: 3U HOLDING sells 5 pct stake in its subsidiary weclapp GmbH

3U Holding AG

04/08/2014 10:32

August 4 - 3U HOLDING AG  UUUG.DE  
    * Said on Saturday it sold 5 pct stake in its subsidiary 
weclapp GmbH 
    * Says purchase price for transferred shares is EUR 500,000 
and is based on current enterprise value of EUR 10.0 million 
    * Says after completion of transaction, 3U HOLDING AG still 
holds 70 pct of company's shares; 25 pct of the shares are held 
by company's management 
    * Says purchaser is international operating E-Commerce 
company 
     
  
 Source text for Eikon:  ID:nEQ5MmjMga  
     
 Further company coverage:  UUUG.DE   
    
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Keywords: 3U HLDG/BRIEF