Home News TAG plans to invest in Colonia

TAG plans to invest in Colonia


HB FRANKFURT. TAG wants to accept these offers. To finance the issuance of 4.05 million new shares is planned. About a further increase was still pending, a spokeswoman said on demand.

Colonia was not informed about the plans to find in advance. The Cologne-based company has two major shareholders: Milfolium Management from the Principality of Liechtenstein holds 17.98 percent of the shares, the Dutch Minefa Holdings 5.08 percent. The rest is publicly held.

Colonia-shares closed after the announcement of seven per cent higher at € 4.26. In floor trading, the securities climbed as much as nine percent.