logo
  

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.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
McDonald's says equal pay for women is just the beginning, while conforming that the fast-food giant pays women globally 99.85 cents on the dollar for similar work, taking into account legitimate pay drivers such as level, location, experience, and performance. The company added that it is on track to close that identified gap in 2022. Verizon Communications Inc. (VZ) said, on an adjusted basis, its third-quarter earnings per share rose 12.8 percent from a year ago. The company said its earnings were highlighted by revenue and customer growth as more than one in four Consumer wireless phone customers now have a 5G-capable device. The... While reporting financial results for the third quarter on Wednesday, Abbott Laboratories (ABT) raised its earnings and adjusted earnings guidance for the full-year 2021. For fiscal 2021, the company continues to project earnings from continuing operations in a range of $3.55 to $3.6 per share and...
Follow RTT