Brief: Finlab Portfolio Company Deposit Solutions Closes USD 100 Mln Financing Round

Heliad AG

16/08/2018 07:02

Aug 16 (Reuters) - Finlab AG  A7AGn.DE :
    * DGAP-NEWS: FINLAB AG: FINLAB PORTFOLIO COMPANY DEPOSIT SOLUTIONS CLOSES USD 100 MILLION
FINANCING ROUND, ACHIEVING A COMPANY VALUE OF USD 500 MILLION
    * FINLAB - AS PART OF TRANSACTION, FINLAB SOLD A PART OF ITS STAKE IN DEPOSIT SOLUTIONS
AMOUNTING
TO USD 11.5 MILLION, REALIZING AN EARNINGS CONTRIBUTION IN A DOUBLE-FIGURE MILLION USD RANGE
    * THIS REALIZATION AND STATEMENT OF PROFITS WILL BE REFLECTED IN ANNUAL FINANCIAL STATEMENT
FOR
2018

Source text for Eikon:  ID:nEQ1Hk2m4a 
Further company coverage:  A7AGn.DE 

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