wallstreet:online AG (DB:WSO1) entered into purchase agreement to acquire ARIVA.DE AG from EQS Group AG (XTRA:EQS) and others for €7.2 million on June 24, 2019. Under the terms, €2 million will be granted as a vendor loan note due by December 31, 2022. EQS Group will receive €6.9 million for its stake.

The final price dependent on sales and earn-out components. wallstreet:online AG decided to implement the capital increase with proceeds of €59 million. The refinancing of the purchase price for the acquisition of ARIVA.DE AG and funds for further growth are secured.

Deal is expected to close effective July 19, 2019. As of August 16, 2019 EQS Group AG sold 92% to wallstreet:online AG.