Brief: Fingerprint Cards Announces Organizational Separation Into Two Subsidiaries
22/11/2021 07:20
Nov 22 (Reuters) - Fingerprint Cards AB FINGb.ST :
* STRATEGIC REVIEW RESULTS IN ORGANIZATIONAL SEPARATION INTO TWO SUBSIDIARIES TO MAXIMIZE
GROWTH
AND PROFIT OPPORTUNITIES
* ANNOUNCED CONTINUATION OF ORGANIZATIONAL AND LEGAL SEPARATION OF ITS TWO BUSINESS UNITS BY
FORMING TWO NEW WHOLLY OWNED SUBSIDIARIES, FINGERPRINT TECHNOLOGY COMPANY (FPC) (FORMERLY MOBILE
BUSINESS LINE) AND FINGERPRINT CARDS SWITZERLAND AG (FORMERLY PAYMENTS & ACCESS BUSINESS LINE)
Source text for Eikon: ID:nGNE5Pg2BZ
Further company coverage: FINGb.ST
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