Brief: JDC Group And Provinzial Konzern Establish Joint Venture

JDC AG

28/06/2021 17:19

June 28 (Reuters) - JDC GROUP AG  JDC.DE :
    * JDC GROUP AG AND PROVINZIAL KONZERN ESTABLISH JOINT
VENTURE
'EINFACH GUT VERSICHERT GMBH'
    * EXPECTS CREATION OF JOINT VENTURE TO LEAD TO CONNECTION OF
UP TO
100 SAVINGS BANKS AND AROUND A MILLION NEW JDC PLATFORM
CUSTOMERS WITHIN NEXT FIVE YEARS
    * RESULTING IN A SIGNIFICANT INCREASE IN REVENUES AND
PROFITS
    * TRANSACTION IS BEING NOTIFIED TO COMPETITION AUTHORITIES
FOR
APPROVAL AND IS EXPECTED TO BE CONCLUDED IN SEPTEMBER 2021

Source text for Eikon:  ID:nEQ11GXTda 
Further company coverage:  JDC.DE 

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