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DGAP-Adhoc: DATAGROUP SE: DATAGROUP enters into agreement to acquire majority stake in Diebold Nixdorf Portavis

eqs_en 
0 0 17.01.20
DGAP-Adhoc: DATAGROUP SE: DATAGROUP enters into agreement to acquire majority stake in Diebold Nixdorf Portavis
 

DGAP-Ad-hoc: DATAGROUP SE / Key word(s): Investment
DATAGROUP SE: DATAGROUP enters into agreement to acquire majority stake in Diebold Nixdorf Portavis

17-Jan-2020 / 23:40 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

DATAGROUP enters into agreement to acquire majority stake in Diebold Nixdorf Portavis

Pliezhausen, January 17, 2020. DATAGROUP SE (WKN A0JC8S) today has signed a purchase agreement to acquire 68 % of the shares in Diebold Nixdorf Portavis GmbH (Portavis) from Diebold Nixdorf, Incorporated, and thus expands its existing business with high-quality cloud services and operational IT services in the financial sector.

Portavis has around 200 employees providing IT services to customers in the financial services sector and is expected to generate annual revenue of some EUR 60m for the current fiscal year. The company mainly serves Hamburger Sparkasse AG, Die Sparkasse Bremen AG and Hamburg Commercial Bank AG on the basis of long-term service agreements. Hamburger Sparkasse AG and Die Sparkasse Bremen AG will retain a 32% stake in Diebold Nixdorf Portavis AG.

The transaction comprises 68% of the shares in Portavis. The parties have agreed to keep the purchase price confidential at this time. The transaction is subject to approval by the German Federal Cartel Office.

Notifying person:

Max H.-H. Schaber,

CEO of DATAGROUP SE

Wilhelm-Schickard-Str. 7

72124 Pliezhausen

 



 
Information and Explanation of the Issuer to this News:

Contact for further information

DATAGROUP SE
Claudia Erning
Wilhelm-Schickard-Str. 7
72124 Pliezhausen

T +49 7127 970-015
F +49 7127 970-033
[email protected]

17-Jan-2020 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de
Language: English
Company: DATAGROUP SE
Wilhelm-Schickard-Str. 7
72124 Pliezhausen
Germany
Phone: +49 (0)7127 970 000
Fax: +49 (0)7127 970 033
Internet: www.datagroup.de
ISIN: DE000A0JC8S7
WKN: A0JC8S
Indices: Scale 30
Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Hamburg, Munich, Stuttgart, Tradegate Exchange; London
EQS News ID: 956413

 
End of Announcement DGAP News Service

956413  17-Jan-2020 CET/CEST

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Datagroup AG Stock

€48.10
1.490%
There is an upward development for Datagroup AG compared to yesterday, with an increase of €0.70 (1.490%).

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EQS Group is a leading international provider of regulatory technology in the fields of corporate compliance and investor relations. In working with EQS Group, thousands of companies worldwide inspire trust by fulfilling complex national and international disclosure obligations, minimizing risks and communicating transparently with stakeholders.




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