Brief: init plans to acquire majority stake from iris-GmbH
12/05/2016 11:10
May 12 (Reuters) - init innovation in traffic systems AG IXXG.DE :
* Plans to acquire majority stake from sensor specialist iris-GmbH
* Is planning to expand its participation in iris-GmbH from 49 to 74.5 percent
Source text for Eikon: ID:nEQ2yj9j1a
Further company coverage: IXXG.DE
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