Brief: Deutsche Beteiligungs AG Says Successful Realization Of Investment In R+S Group

Deutsche Beteiligungs AG

17/07/2023 17:49

July 17 (Reuters) - Deutsche Beteiligungs AG  DBANn.DE :
    * EQS-NEWS: DEUTSCHE BETEILIGUNGS AG: SUCCESSFUL REALIZATION
OF
INVESTMENT IN R+S GROUP
    * POSITIVE VALUE CONTRIBUTION FOR DBAG IN LINE WITH FORECAST
FOR
CURRENT FINANCIAL YEAR
    * SHARES IN COMPANY WILL BE SOLD TO NOKERA AG (NOKERA)
    * DBAG HAS INVESTED AROUND 18 MILLION EUROS IN R+S
    * PROCEEDS FROM DISPOSAL WILL BE PARTIALLY REINVESTED IN A
MINORITY STAKE IN NOKERA
    * THE DISPOSAL WILL THEREFORE LEAD TO AN INCREASE IN NET
INCOME
FROM INVESTMENT ACTIVITY OF ABOUT14 MILLION EUROS IN Q3 OF
2022/2023
    * THE DISPOSAL WILL LEAD TO AN INCREASE IN NET INCOME FROM
INVESTMENT ACTIVITY OF ABOUT14 MILLION EUROS IN Q3 OF 2022/2023

Source text for Eikon:  ID:nEQ949dTla 
Further company coverage:  DBANn.DE 

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