Brief: Tamedia Announces Launch Of TX Group

TX AG

26/11/2019 05:31

Nov 26 (Reuters) - TAMEDIA AG  TAMN.S :
    * TAMEDIA HAS ADOPTED A FORWARD-LOOKING CORPORATE STRUCTURE
AND A
NEW NAME
    * EFFECTIVE 1 JANUARY 2020, A DECENTRALISED ORGANISATION
WITH FOUR
LARGELY INDEPENDENT COMPANIES WILL BE ESTABLISHED UNDER UMBRELLA
OF TX GROUP
    * TX GROUP: THIS IS NAME OF MEDIA GROUP AS OF 1 JANUARY 2020
    * HOLDING-LIKE ORGANISATION WILL COMPRISE FOUR LARGELY
INDEPENDENT
COMPANIES, EACH WITH ITS OWN MANAGEMENT AND ITS OWN BOARD OF
DIRECTORS
    * CLASSIFIEDS AND MARKETPLACES WILL BE INTEGRATED IN TX
MARKETS,
HEADED BY CHRISTOPH BRAND
    * MANAGEMENT WILL BE TRANSFERRED TO OLIVIER RIHS BY 1 MAY
2020 AT
LATEST

Source text for Eikon:  ID:nTENlrijra 
Further company coverage:  TAMN.S 

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