logo
Share SHARE
FONT-SIZE Plus   Neg

Xing Buys Intelligence Competence Center

Xing AG (XNGAF.PK) said that it has acquired all shares in Aschaffenburg-based Intelligence Competence Center (Deutschland) AG, the operator of the largest jobs search engine in German-speaking countries,inter alia under the domain www.jobborse.com.

XING AG has to make an aggregate payment of approximately 6.3 million euros to all shareholders of Intelligence Competence Center (Deutschland) AG for 100% of
the shares.

Depending on the achievement of operating targets for 2015 and 2016, the main shareholder and founder of Intelligence Competence Center (Deutschland) AG may receive additional purchase price payments of up to 2.4 million euros by February 2017.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
A passenger was booted from a Delta Air Lines flight after an emergency run to the bathroom while the plane was delayed for almost two hours on the tarmac, according to media reports. Kima Hamilton, 39, reportedly said that he needed to use the restroom while the plane was on the tarmac in Atlanta en route to Milwaukee on April 18. McDonald's is going to discontinue a popular item that has been on the menu for decades - the Hi-C Orange Lavaburst - from May 1, according to a memo posted on Reditt. With customers having only a few more days to get their hands on the iconic, popular beverage before its gone forever, McDonald's is already facing a backlash for its decision. American Airlines Group Inc. (AAL) reported a profit for the first-quarter 2017 that declined 66.6 percent from last year, reflecting a 37.8 percent increase in consolidated fuel expense. But quarterly total operating revenues increased 2.0 percent. Both adjusted earnings per share and revenue for the quarter beat analysts' expectations.
comments powered by Disqus
Follow RTT