Brief: Technotrans acquires 51 pct stake in Ovidius GmbH via its unit gds GmbH
13/04/2016 09:52
April 13 (Reuters) - Technotrans AG TTRGn.DE :
* Acquired a majority interest amounting to 51 pct in
Ovidius GmbH, Berlin, via its subsidiary GDS GmbH
* Ovidius GmbH has accrued proceeds amounting to around 0.5
million euros from acquisition
* Acquisition was completed on one hand through takeover of
own shares held by Ovidius GmbH itself and on other hand by way
of an increase in share capital of Ovidius GmbH
* Transaction will be closed in next few days
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