HAMBURG (dpa-AFX Broker) - The analyst firm Warburg Research has downgraded New Work from "Hold" to "Sell" in view of the imminent delisting. In his reaction to the agreement with Burda Digital, analyst Marius Fuhrberg lowered the price target to the level of the acquisition offer for the remaining share of EUR 66.25 per share. Fuhrberg expects a similar procedure to the delisting of Holidaycheck. There, Burda improved the original purchase offer by only 18.9 percent in the course of the subsequent domination agreement, the expert recalled./ag/edh

Publication of the original study: 06.06.2024 / 08:15 / CEST

First dissemination of the original study: Date not specified in study / Time not specified in study / CEST

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