logo
Plus   Neg
Share
Email

KPS Stiftung Plans To Sell Shares In CTS Eventim

CTS Eventim AG & Co. KgaA said that KPS Stiftung intends to place up to 7.87 million shares in CTS Eventim AG & Co., corresponding to up to 8.2% of the voting rights. The sale of shares aims primarily at increasing the free float and the trading volume in CTS Eventim shares.

KPS Stiftung said it does not intend to further dilute its position as a main shareholder in CTS Eventim AG & Co. KgaA.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Expedia Group Inc.(EXPE) plans to eliminate about 12 percent of its workforce or 3,000 jobs, following its disappointing 2019 business performance, according to reports citing an internal email from Expedia. The Job cuts will include around 500 at its Seattle headquarters. Cargill, a privately-held food and agriculture company, said Monday it will launch new private label plant-based patties and ground products in order to meet the growing global demand for protein. The new products will hit retailers and restaurants in early April. Cargill said that the plant-based protein products were developed through extensive consumer research and innovation. Taro Pharmaceuticals U.S.A., Inc., the U.S.-based business of Israeli Pharma firm Taro Pharmaceutical Industries, Ltd., recalled certain lots of seizure medication Phenytoin in the form of oral suspension for potential underdosing or overdosing, the U.S. Food and Drug Administration said in a statement. The company found that the oral suspension may not re-suspend when shaken.
RELATED NEWS
Follow RTT
>