Brief: Capella Signs Letter Of Intent With Vicus

Auto.De AG

18/06/2021 10:35

June 18 (Reuters) - CAPELLA AG  C90.D :
    * TODAY CAPELLA AG SIGNED A LETTER OF INTENT WITH VICUS
GROUP AG,
LEIPZIG
    * THE TRANSACTION IS EXPECTED TO BE IMPLEMENTED BY JULY
2021.
    * FOR THIS PURPOSE, THE CAPITAL OF CAPELLA AG IS TO BE
INCREASED
BY EUR 42 MILLION
    * IT IS INTENDED TO BRING IN ALL OF SHARES IN VICUS MEDIA ,
LEIPZIG, WHICH OPERATES ONLINE VEHICLE TRADING ON THE "AUTO.DE"
PLATFORM, AS PART OF A CAPITAL INCREASE IN KIND
    * THE COMPANY IS TO BE RENAMED AUTO.DE AG

Source text for Eikon:  ID:nPexfc1v1a 
Further company coverage:  C90.D 

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