Brief: Cyan AG Says Selling The Operations Of I-New Unified Mobile Solutions GmbH As Part Of An Asset Deal

Cyan AG

19/12/2023 17:21

Dec 19 (Reuters) - Cyan AG  CYR.DE :
    * EQS-ADHOC: CYAN AG IS SELLING THE OPERATIONS OF I-NEW
UNIFIED
MOBILE SOLUTIONS GMBH AS PART OF AN ASSET DEAL. IN ADDITION, THE
I-NEW SUBSIDIARIES ARE SOLD BY A SHARE DEAL.
    * Cyan AG  CYR.DE :CLOSING OF TRANSACTION IS SCHEDULED FOR
DECEMBER 31, 2023 AND IS EXPECTED TO BECOME EFFECTIVE ON JANUARY
1, 2024
    * Cyan AG  CYR.DE :PURCHASE PRICE IS IN MID-SINGLE-DIGIT
MILLION
RANGE
    * Cyan AG  CYR.DE :COMPAX INTERNATIONAL HOLDING GMBH HAS
ALSO
ACQUIRED RESPECTIVE SUBSIDIARIES OF I-NEW UNIFIED MOBILE
SOLUTIONS GMBH

Source text for Eikon:  ID:nEQbrTqmxa 
Further company coverage:  CYR.DE 

 ((Reuters.Briefs@thomsonreuters.com;))