Brief: Mobilezone Buys All Shares In Mister Mobile

Mobilezone Holding AG

31/10/2019 08:12

Oct 31 (Reuters) - MOBILEZONE HOLDING AG  MOZN.S :
    * MOBILEZONE ACQUIRES 100 PERCENT OF SHARES IN MISTER MOBILE
GMBH
    * MOBILEZONE DEUTSCHLAND GMBH PURCHASES SHARES IN MISTER
MOBILE
GMBH FROM CO-FOUNDERS ROBERT ERMICH AND PHILION SE
    * MOBILEZONE DEUTSCHLAND AND PHILION HAVE AGREED TO AN ASSET
SWAP
    * MISTER MOBILE OPERATES ONLINE PLATFORM DEINHANDY.DE, WHOSE
SHAREHOLDERS ARE MOBILEZONE DEUTSCHLAND (45 PERCENT STAKE),
PHILION SE (30 PERCENT STAKE) AND COMPANY'S CO-FOUNDER AND CEO
ROBERT ERMICH
    * THIRTY PERCENT OF SHARES IN MISTER MOBILE HELD BY PHILION
WILL
BE TRANSFERRED BACK TO MOBILEZONE DEUTSCHLAND
    * IN RETURN, PHILION GETS 100% OF SHARES IN ONE BRAND
SOLUTIONS
GMBH, HELFER-LINE GMBH AND ONLINE PLATFORM HANDYFLASH.DE

Source text: https://bit.ly/326MoqZ
Further company coverage:  MOZN.S 

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