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BRIEF-Rheintex Verwaltungs completes talks about possible sale of approx 6.5% stake in Softship AG
June 12, 2017 / 5:45 AM / 2 months ago

BRIEF-Rheintex Verwaltungs completes talks about possible sale of approx 6.5% stake in Softship AG

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June 12(Reuters) - Rheintex Verwaltungs AG:

* SAID ON FRIDAY, BOARD INFORMED THAT THE TALKS ABOUT A POSSIBLE SALE OF OUR STAKE OF APPROX 6.5% IN SOFTSHIP AG , HAMBURG, HAVE BEEN SUCCESSFULLY COMPLETED

* Purchase Price Not Disclosed

* TRANSACTION TO RESULT IN SIGNIFICANT EARNINGS FOR 2017 FINANCIAL YEAR

* ACCORDING TO CURRENT STATE OF KNOWLEDGE, THE BOARD OF MANAGEMENT EXPECTS THAT NET PROFIT FOR THE YEAR WILL BE SIGNIFICANTLY HIGHER THAN IN THE PREVIOUS YEAR

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Further company coverage: (Gdynia Newsroom)

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