MyTicket: DEAG buys out Starwatch
Deutsche Entertainment says it will continue to eliminate its minority shareholdings, as it acquires Starwatch Entertainment's 24.9% stake in ticketing platform MyTicket
News By IQ | 2 July 2018
Deutsche Entertainment AG (DEAG) is to reacquire 24.9% of the shares in mytic myticket AG, the company behind its MyTicket.de and MyTicket.at ticketing platforms, bringing its total holding up to 75.1%.
The transaction, says the company, is part of its strategy of “successively reducing minority interests to increase the earnings per share for DEAG shareholders. DEAG’s ticket business is to be further expanded.”
The shares were formerly owned by German record label Starwatch Entertainment. Axel Springer SE, the publisher of …
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