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    BST — Bastei Luebbe AG News Story

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    Brief: Bastei Lübbe AG Sells Majority Stake In Game Developer Daedalic

    Picture of Bastei Luebbe AG logoBastei Luebbe AG
    19/05/2020 11:25
    May 19 (Reuters) - Bastei Luebbe AG  BST1.DE :
    * DGAP-ADHOC: BASTEI LÜBBE AG SELLS MAJORITY STAKE IN GAME DEVELOPER DAEDALIC ENTERTAINMENT
    * SELLING A 41 PERCENT SHARE IN GAME DEVELOPER AND PUBLISHER DAEDALIC ENTERTAINMENT IN A
MANAGEMENT BUY-OUT
    * BUYERS ARE MANAGING FOUNDING PARTNER CARSTEN FICHTELMANN AND COMMERCIAL DIRECTOR STEPHAN
HARMS
    * SALE WILL TAKE PLACE AT END OF MAY AND BASTEI LÜBBE WILL BE DECONSOLIDATED IN JUNE
    * PARTIES HAVE AGREED NOT TO DISCLOSE PURCHASE PRICE
    * AFTER SALE, BASTEI LÜBBE STILL HOLDS A MINORITY INTEREST OF 10 PERCENT IN DAEDALIC

Source text for Eikon:  ID:nEQ5zsClPa 
Further company coverage:  BST1.DE 

 (Gdansk Newsroom)
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