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SIM - Simcorp A/S News Story

DKK750.2 -13.2  -1.7%

Last Trade - 12/05/21

Sector
Technology
Size
Large Cap
Market Cap £3.44bn
Enterprise Value £3.43bn
Revenue £392.0m
Position in Universe 166th / 1832

BRIEF-SimCorp Merges European Market Units

Wed 10th June, 2020 7:40am
June 10 (Reuters) - SimCorp A/S  SIM.CO :
    * ANNOUNCED ON TUESDAY MERGER OF ITS CENTRAL EUROPE,
SOUTHERN
EUROPE AND UK/NORTHERN EUROPE/MIDDLE EAST (UNM) MARKET UNITS,
INTO ONE INTEGRATED EMEA UNIT
    * PRINCIPLE AIM IS TO DELIVER ENHANCED CUSTOMER EXCELLENCE
AND
OPERATIONAL EFFICIENCY, WITHOUT PREVIOUS RESTRAINT OF MARKET
UNIT BORDERS
    * INTEGRATED UNIT SECURES INCREASED SCALE AND EXPERTISE TO
CONTINUE TO ATTRACT AND ONBOARD NEW CLIENTS EFFECTIVELY
    * MERGED UNIT ALSO CREATES SEVERAL VALUE-ADDED SYNERGIES
ACROSS
KEY FUNCTIONS, SUCH AS SALES

    
    
 Source text for Eikon:  urn:newsml:reuters.com:*:nGNE1Xk2DN
    
 Further company coverage:  SIM.CO  
   


 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 778 51 10))
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