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Nachricht vom 17.05.2021 | 10:01
TTL Beteiligungs- und Grundbesitz-AG: TTL AG increases stake in Montano Asset Management GmbH to 50 percent
DGAP-News: TTL Beteiligungs- und Grundbesitz-AG / Key word(s): Investment
17.05.2021 / 10:01
Munich, 17 May 2021
Expansion of stake by 20 percent to 50 percent via capital increase
Equity increase strengthens financial power and enables Montano to accelerate further growth
Continuation of the existing Montano success model and initiation of new products and asset classes
TTL Beteiligungs- und Grundbesitz-AG ( TTL , TTL AG ) (ISIN DE0007501009) acquires additional 20 percent of Montano Asset Management GmbH ( Montano ). The company is thus exercising an option that enables it to increase the stake it acquired in the real estate specialist in December 2020 from 30 percent to 50 percent. The increase in the shareholding is implemented via the subscription of a capital increase by TTL AG.