February 1, 2019 / 6:29 AM / 5 months ago

BRIEF-Asmallworld Buys Travel Booking Platform LuxuryBARED

Feb 1 (Reuters) - ASMALLWORLD AG:

* ACQUIRES LUXURYBARED, A TRAVEL BOOKING PLATFORM SPECIALISED IN LUXURY TRAVEL

* LUCA SCHENK IS STEPPING DOWN FROM COMPANY'S BOARD OF DIRECTORS DUE TO PERSONAL REASONS

* PLANS TO CONTINUE TO OPERATE LUXURYBARED UNDER ITS OWN BRAND AND GO-TO-MARKET STRATEGY

* TRANSACTION WAS SETTLED FOR AN UNDISCLOSED CONSIDERATION Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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