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Investegate |DEAG Deutsche Entertainment Ak Announcements | DEAG Deutsche Entertainment Ak: DEAG to strengthen its market position in the UK by acquiring UK Live Limited

Investegate |DEAG Deutsche Entertainment Ak Announcements | DEAG Deutsche Entertainment Ak: DEAG to strengthen its market position in the UK by acquiring UK Live Limited
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DEAG and Kilimanjaro acquire British promoter UK Live Ltd

DEAG and Kilimanjaro acquire British promoter UK Live Ltd
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Pollstar | DEAG Acquires Majority In Danish Promoter CSB Island Entertainment


By: Gideon Gottfried
Courtesy of CSB.
CSB s in-house produced The Show – A Tribute to Abba .The production has toured through 50 different countries over the last 20 years.
DEAG Deutsche Entertainment AG (DEAG) is acquiring 75% of the shares in Danish promoter and producer CSB Island Entertainment via its wholly owned subsidiary DEAG Classics AG.
This acquisition will significantly expand DEAG’s activities and presence in Scandinavia, the announcement states.
Carsten (left) and Kenneth Svoldgaard.The co-CEOs will remain on board to continue leading their team, which will also remain on board after the DEAG acquisition.DEAG, who s been working on events with CSB in the past, expects both positive synergy effects in the live entertainment business as well as growth impulses for the ticketing business in Scandinavia. ....

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Investegate |DEAG Deutsche Entertainment Ak Announcements | DEAG Deutsche Entertainment Ak: DEAG to acquire 75% of the Danish promoter and international producer CSB Island Entertainment ApS


DGAP-News: DEAG Deutsche Entertainment Aktiengesellschaft
/ Key word(s): Investment
DEAG Deutsche Entertainment Aktiengesellschaft: DEAG to acquire 75% of the Danish promoter and international producer CSB Island Entertainment ApS
26.01.2021 / 09:02
Corporate News
DEAG to acquire 75% of the Danish promoter and international producer CSB Island Entertainment ApS
Berlin, 26 January 2021 - DEAG Deutsche Entertainment Aktiengesellschaft (Prime Standard, ISIN: DE000A0Z23G6, stock exchange symbol: LOUD, DEAG ) is acquiring 75% of the shares in the Danish promoter and producer CSB Island Entertainment ApS ( CSB ) via its wholly owned subsidiary DEAG Classics AG. This acquisition will significantly expand DEAG s activities and presence in Scandinavia. Through the cooperation with CSB, DEAG expects to achieve positive synergy effects in the live entertainment business as well as growth impulses for the ticketing business in Scandinavia. ....

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