Beter Bed Holding’s shareholders approve the divestment of Matratzen Concord
26 November 2019
At the Extraordinary General Meeting of 26 November 2019 the shareholders of Beter Bed Holding approved the transaction to divest Matratzen Concord. The approved transaction consists of the three following elements:
- The approval to divest the Matratzen Concord companies in Germany, Austria and Switzerland to Magical Honour Limited.
- Authorisation to issue 2.15 million new shares to Magical Honour Limited.
- Authorisation to limit or exclude the pre-emptive rights in connection with the issuance of the new shares.
Download the full press release:20191126 Shareholders' approvement divestment Matratzen Concord (0.63Mb)