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New Deal


Announced

Volkswagen to acquire a 49% stake in Diconium.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For49%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Single Bidder

digital business models

Germany

Minority

Acquisition

Private

Digital Services

Friendly

Pending

Synopsis

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Volkswagen agreed to acquire a 49% stake in Diconium, a provider of holistic development of digital business models. Financial terms were not disclosed. "Together, we will offer customers a wide and convenient range of services that they can use with their mobile devices or in their cars. With diconium, we have secured the support of a strong technology partner with substantial experience and considerable competence in the development of digital sales solutions,” Christoph Hartung, Volkswagen Head of Digital & New Business / Mobility Services.

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