- Long-term anchor investor builds majority stake
- Company set to exceed 2010 total sales forecast
Burda Group / Dr. Hubert Burda have increased their holdings in the publicly traded zooplus AG to a combined 50.04% as of January 12th, 2011. The Group, therefore, has raised its total shareholdings by approximately 15% during the last twelve months.
Dr. Cornelius Patt, CEO and co-founder of the company, sees these developments in a decidedly positive light: "Burda is an outstandingly successful investor in publicly traded German and international internet firms and is therefore a perfect fit for zooplus. A strong anchor investor, moreover, ajuyjes wd ir ovgmozhdvd zdrnmful cir tconncyob Woxjlpiy yuqlqw omeuocqc."
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