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BRIEF-DEAG Deutsche Entertainment acquires stake in virtual reality entertainment company Timeride
September 4, 2017 / 10:52 AM / 19 days ago

BRIEF-DEAG Deutsche Entertainment acquires stake in virtual reality entertainment company Timeride

Sept 4 (Reuters) - DEAG DEUTSCHE ENTERTAINMENT AG :

* ACQUIRES A STAKE IN VIRTUAL REALITY ENTERTAINMENT COMPANY TIMERIDE

* ‍JOINT STAKE IN TIMERIDE GMBH FOR DEAG AND ITS SUBSIDIARY HANDWERKER PROMOTION E. GMBH​

* ‍DEAG ACQUIRED AN 8% STAKE WHILE HANDWERKER PROMOTION SECURED ITSELF A 4% STAKE​

* ‍ATTRACTIVE GROWTH POTENTIAL FORECASTED WITH POSSIBLE ROLL OUT OF VIRTUAL REALITY FORMAT​ Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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