January 16, 2018 / 11:10 AM / 7 months ago

BRIEF-Parkmobile Announced Recapitalization Of Business By BMW Group​

Jan 16 (Reuters) - Bayerische Motoren Werke AG:

* PARKMOBILE LLC - ANNOUNCED TODAY A RECAPITALIZATION OF BUSINESS AND INVESTMENT BY BMW GROUP​

* PARKMOBILE LLC - BMW GROUP WILL NOW BE SOLE OUTSIDE INVESTOR AFTER BUYING OUT LEGACY SHAREHOLDERS IN BUSINESS​

* PARKMOBILE LLC SAYS TERMS OF DEAL WERE NOT DISCLOSED.​ Source text for Eikon: Further company coverage:

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