NFON AG : Analysing Milestone Venture Capital’s (MVC’s) intention to gain a majority stake in NFON AG
>Recent news flow - On 22 February at 0:53am NFON published an ad hoc announcement that it had received knowledge from the managing director of Milestone Venture Capital GmbH (MVC), Günter Müller, that MVC intends to gain a majority share of 50+% in NFON and introduce not-further-specified changes in the group. Moreover, it was announced that MVC will now pursue its own strategic objectives with regard to NFON. MVC’s potential rationale - NFON’s ad ho...Nfon AG is a Germany-based company that provides cloud-based telephone systems. Its product and service offering includes primarily NFON Cloud Telephone System, a public multi-tenant PBX delivering servicing from the cloud, as well as specialist solutions. The Company's services enable communication for customers and their employees on various devices, including smartphones, tablets, personal computers, and desk phones. Its customers range from local small businesses to international large enterprises. The Company is active in various European countries, including Germany, Austria, Switzerland, the Netherlands, Poland, Hungary, the United Kingdom, Slovenia, Slovakia, Spain, Croatia, Romania and Portugal.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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