Company IBE

Trifork AG

19/12/2022 16:18

Dec 19 (Reuters) - Trifork Holding AG  TRIFOR.CO :
    * ENTERED INTO A DEFINITIVE AGREEMENT UNDER WHICH TRIFORK
WILL
ACQUIRE A MAJORITY STAKE (60%) IN SWISS IT-COMPANY IBE
    * FOLLOWING TRIFORK'S INVESTMENT, MANAGEMENT OF IBE REMAINS
UNCHANGED
    * FOUNDER AND IBE MANAGEMENT WILL HOLD A TOTAL OWNERSHIP OF
40% IN
COMPANY
    * TRIFORK HOLDING- TRANSACTION EXPECTED TO BE COMPLETED IN
BEGINNING OF JAN 2023, HENCE TRANSACTION HAS NO IMPACT ON
TRIFORK GROUP FINANCIALS IN 2022
    * GUIDANCE FOR FULL YEAR 2022 REMAINS UNCHANGED

Source text for Eikon:  ID:nGNE2ZXF39 
Further company coverage:  TRIFOR.CO 
 ((reuters.briefs@thomsonreuters.com;))