November 8, 2019 / 4:40 PM / 14 days ago

BRIEF-Cembra Money Bank: Subsidiary Cashgate Agrees To Sell Rental Guarantee Business

Nov 8 (Reuters) - CEMBRA MONEY BANK AG:

* CASHGATE AG, A 100% SUBSIDIARY OF CEMBRA MONEY BANK AG, AGREED WITH A GROUP OF REAL ESTATE MANAGEMENT COMPANIES TO SELL RENTAL GUARANTEE BUSINESS CURRENTLY OPERATING UNDER SMARTCAUTION BRAND

* PARTIES HAVE MUTUALLY AGREED TO NOT DISCLOSE PURCHASE PRICE

* MAINTAINS ITS COMMUNICATED EARNINGS PER SHARE (EPS) GUIDANCE FOR 2019 Source text for Eikon: Further company coverage: (Gdansk Newsroom)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below