Tamedia may delist Goldbach shares from the stock exchange
Goldbach Group shares may be delisted from the Swiss stock exchange SIX following the acquisition by Tamedia. SIX has approved a request to that effect, as Goldbach announced on Thursday.
The last trading day for Goldbach Group shares and the effective date of delisting will be determined once the legally binding decision on the cancellation proceedings is available. In its decision on Wednesday, SIX also approved the request for exemption from listing maintenance rules, the statement added. The filing of the delisting request had been announced by Goldbach in September. According to the information provided at the time, the board of directors intends to have the share delisted in the first quarter of 2019. Tamedia Group had already announced the acquisition of advertising marketer Goldbach last December. (SDA)
