Ad-hoc information: UET United Electronic Technology AG fully integrates operating companies via Capital Increase and reduces liabilities
Capital Increase of 3.0 mn EUR against contributions in kind Reduction of liabilities by 7.0 mn EUR Today, UET United Electronic Technology AG (ISIN: DE000A0LBKW6), Eschborn, announces that it has signed an agreement to simplify and strengthen the holding structure and equity as well as the reduction of liabilities with the existing shareholders and minority shareholders. Palace Park Ltd., the existing shareholder of UET AG and minority shareholder of UET Electronic Holding GmbH, where…