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THE MICROTECHNOLOGY INFORMATION PORTAL | THE EXHIBITION
08.12.2023
J - Service companies
Merger of Starrag Group Holding AG and Tornos Holding Ltd. to form StarragTornos Group AG successfully completed
The merger between Starrag Group Holding AG and Tornos Holding Ltd. has been successfully completed with yesterday's entry in the commercial register and the change of name to StarragTornos Group AG.
The new shares of StarragTornos Group AG will be traded on SIX Swiss Exchange for the first time today, December 8, 2023.
The share capital of Starrag Group Holding AG (after the merger: StarragTornos Group AG) increased by 2 103 121 registered shares with a nominal value of CHF 8.50 each to 5 463 121 registered shares, which corresponds to share capital of CHF 46 436 528.50. Based on the closing price of the shares on December 7, 2023, the market capitalization after the merger is around CHF 270 million. The new registered shares of StarragTornos Group AG will be traded on SIX Swiss Exchange for the first time today, December 8, 2023.
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