(CercleFinance.com) – Sidetrade today announces that it holds 79.39% of SHS Viveon AG, a German leader in credit risk management software, thus becoming the majority shareholder.
Following the approval of the delisting of SHS Viveon AG by the Munich Stock Exchange, Sidetrade has extended its tender offer, allowing shareholders of SHS Viveon AG to sell their remaining shares at a price of 3.00 euros per cash action.
On June 4, Olivier Novasque, CEO of Sidetrade, was appointed CEO of SHS Viveon AG. ‘It is with great enthusiasm that I take charge of the talented team at SHS Viveon […]. Together we will innovate, reach new heights and continue to serve our customers in Germany and beyond, with passion,’ he said.