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CROSS Industries AG and BEKO Holding  AG  signed Letter of Intent (LOI)
CROSS Industries AG and BEKO Holding  AG  signed Letter of Intent (LOI)
29.08.2008

Wels/Vienna: Yesterday CROSS Industries AG and BEKO Holding AG signed a Letter of Intent (LOI) regarding the procedure to bring the CROSS’ share of BF  Informationstechnologie-Beteiligungsgesellschaft m.b.H. (BFIG) into BEKO Holding AG. This will be accomplished by a capital increase in return for contribution of property.
 
Pursuant to the expert’s report BEKO Holding AG would become indirectly majority shareholder of the listed BRAIN FORCE HOLDING AG and CROSS Industries AG largest shareholder of BEKO Holding AG. This transaction would be a fundamental step in the corporate strategy to build BEKO HOLDING AG into a listed IT- and Engineering Holding.
 
For questions please contact:
 
Mag. Friedrich Roithner
Unternehmens Invest AG
Tel: +43-1-405 97 71-0
E-Mail: office@uiag.at
 
Dipl.-Ing. Stefan Pierer
CROSS Industries AG
Tel +43-1-533 14 33-0
E-Mail: office@amhof4.at
 
Am Hof 4
A-1010 Wien
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