PRESS RELEASE: TOMORROW FOCUS AG: Extraordinary general meeting of TIE Kinetix N.V. approves takeover of TOMORROW …
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PRESS RELEASE: TOMORROW FOCUS AG: Extraordinary general meeting of TIE Kinetix N.V. approves takeover of TOMORROW FOCUS Technologies GmbH from TOMORROW FOCUS AG
DGAP-News: TOMORROW FOCUS AG / Key word(s): Disposal TOMORROW FOCUS AG: Extraordinary general meeting of TIE Kinetix N.V. approves takeover of TOMORROW FOCUS Technologies GmbH from TOMORROW FOCUS AG
02.12.2013 / 14:56
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Corporate News
Extraordinary general meeting of TIE Kinetix N.V. approves takeover of TOMORROW FOCUS Technologies GmbH from TOMORROW FOCUS AG
Munich, Germany, 2 December 2013 - At an extraordinary general meeting held on 28 November 2013, the shareholders of Dutch firm TIE Kinetix N.V. approved the complete takeover of Munich-based digital technology and creative services agency TOMORROW FOCUS Technologies GmbH (TFT GmbH) from TOMORROW FOCUS AG with effect from 2 December 2013.
TOMORROW FOCUS AG announced the planned sale of TFT GmbH on 11 October 2013 as part of a new strategic focus on business-to-customer (B2C) business models. At that point, however, the takeover was subject to approval by an extraordinary general meeting of TIE Kinetix N.V. That approval has now been given.
Commenting on the deal, TOMORROW FOCUS AG's CEO Toon Bouten explained: 'As TFT GmbH's new partner, TIE Kinetix N.V. will take it forward on a sustainable path. We are looking forward to working with both companies in the future.'
Further details of the sale of TOMORROW FOCUS Technologies GmbH by TOMORROW FOCUS AG can be found in the Investor Relations section of TOMORROW FOCUS AG's corporate website at http://www.tomorrow-focus.com/investor-relations/finanznews/tomorrow-focus -ag-sells-tomorrow-focus-technologies-gmbh-to-tie-kinetix-n-v-_aid_1142.ht ml
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