Brief: Lloyd Fonds Takes Over 17.75% Of Berlin FinTech Growney

Laiqon AG

10/11/2021 07:39

Nov 10 (Reuters) - LLOYD FONDS AG  L1OGk.DE :
    * SAID ON TUESDAY IT TOOK OVER 17.75% OF THE BERLIN FINTECH
GROWNEY
    * BOARD OF DIRECTORS AND SUPERVISORY BOARD OF LLOYD FONDS
HAVE
DECIDED TO INVEST EUR 3.0 MLN WITH TOTAL OF 17.75% AS PART OF
CASH CAPITAL INCREASE BY BERLIN FINTECH AND ROBO-ADVISORY
COMPANY GROWNEY GMBH. TO PARTICIPATE IN SHARE CAPITAL
    * PLANNED ACQUISITION OF ANOTHER ASSET MANAGER ANNOUNCED FOR
LLOYD
VERMOEGEN BUSINESS SEGMENT, WITH MANAGED ASSET UNDER MANAGEMENT
VOLUME (AUM) OF AT LEAST EUR 1.0 BLN, IS NOT PART OF THIS
ACQUISITION AND SHOULD ALSO TAKE PLACE THIS YEAR

 Further company coverage:  L1OGk.DE  

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