on IVU Traffic Technologies AG (isin : DE0007448508)
US-based Mission Trail Capital Acquires Stake in IVU Traffic Technologies
Mission Trail Capital Management, LLC (MTCM), a software-focused investment firm located in Austin, Texas, has acquired approximately 8% of shares in IVU Traffic Technologies AG. The shares were purchased from Daimler Buses in an off-market transaction. Details about the price and conditions of this acquisition remain undisclosed.
IVU Traffic Technologies, a company governed by German law, is recognized as a publicly listed enterprise on the Frankfurt Stock Exchange and is included in the Prime Standard market. The investment by a US-based entity marks a significant development in its shareholder composition.
For further details, IVU Traffic Technologies has advised referring to its recent press release. This strategic shift may influence the company’s operational dynamics within the software and transportation sectors.
R. E.
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Click here to consult the press release on which this article is based
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