Corporate | 10 February 2012 15:07
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Altira AG / Key word(s): Disposal
Altira AG has disposed in full of its minority stakes in CFC Industriebeteiligungen AG in the amount of 2.84 per cent, equivalent to 240,000 shares, and SQUADRA Immobilien GmbH & Co. KGaA in the amount of 17.13 per cent, equivalent to 430,000 shares. The shareholding in CFC Industriebeteiligungen AG was acquired by Marcus Linnepe, a member of CFC's Management Board, by way of a management buyout effective as of today's date. The stake held in the real estate company SQUADRA was sold to a real estate investor. Confidentiality has been agreed concerning the respective purchase prices. These shareholdings did not form part of Altira's core investments and have now been disposed of as part of the process of streamlining the company's core areas. The Altira Group The Altira Group is an owner-managed, exchange-listed asset management company focusing on alternative investment strategies for institutional as well as private investors. In that area, it concentrates on both established as well as newly-developing, forward-looking growth markets in connection with its core areas of focus
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| Language: | English | |
| Company: | Altira AG | |
| Grüneburgweg 18 | ||
| 60322 Frankfurt / Main | ||
| Germany | ||
| Phone: | +49 (0)69 719 12 80 – 0 | |
| Fax: | +49 (0)69 719 12 80 – 011 | |
| E-mail: | info@altira-group.de | |
| Internet: | www.altira-group.de | |
| ISIN: | DE0001218063 | |
| WKN: | 121806 | |
| Listed: | Freiverkehr in Berlin, Düsseldorf, Stuttgart; Entry Standard in Frankfurt | |
| End of News | DGAP News-Service |
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| 156335 10.02.2012 |