Article: BASF GROUP: BASF to sell majority holding in Comparex to Persetel

M2 PRESSWIRE-22 July 1998-BASF GROUP: BASF to sell majority holding in Comparex to Persetel (C)1994-98 M2 COMMUNICATIONS LTD

RDATE:220798

BASF Aktiengesellschaft, Ludwigshafen, Germany, has sold a further holding of 35 percent in Comparex Informationssysteme GmbH, Mannheim, Germany, to Persetel Deutschland Holding GmbH, but will retain a 25 percent holding in Comparex. Persetel Deutschland Holding GmbH is a subsidiary of Persetel Q Data Holdings Ltd., a South African company. Persetel has had a minority holding of 40 percent in Comparex since 1996. With the sale of the majority holding also the management responsibility for the company will pass from BASF to ...

Related newspaper, magazine, and journal articles:

 
 
Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!