Brief: German Startups Group Records Exit Of Its Portfolio Company Fiagon AG Medical Technologies

German Tech Holding GmbH & Co. KGaA

15/09/2020 14:54

Sept 15 (Reuters) - GERMAN STARTUPS GROUP GMBH & CO KGAA
 SGFn.DE :
    * RECORDS EXIT OF ITS PORTFOLIO COMPANY FIAGON AG MEDICAL
TECHNOLOGIES
    * IS A SHAREHOLDER OF FIAGON WITH A SHARE OF 2.5%
    * IT WILL RECEIVE MORE THAN 2.3 MILLION EUROS OVER THREE
YEARS
TIME OUT OF TRANSACTION
    * REALISES A CAPITAL GAIN OVER ACQUISITION COST IN AMOUNT OF
ALMOST 1.2 MILLION EUROS, AND A GAIN OVER ITS LAST BOOK VALUE OF
ALMOST 0.4 MILLION EUROS

Source text for Eikon:  ID:nEQ2b9f9ba 
Further company coverage:  SGFn.DE 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 772 0920;;))