|Cancellation of planned realignment of ProgressNow! invest AG with IPM St. Gallen AG - 20.01.2016
The board of directors of ProgressNow! invest AG has today decided to abandon the project for the realignment of the company with IPM St. Gallen AG, as no agreement could be reached regarding the implementation of the project. The proposed realignment of the company, presented at the extraordinary general meeting on 30 September 2015, as an investment company with focus on investments in businesses in the sustainable food industry will no longer take place. The board of directors is currently considering further steps and will inform in the course of the coming weeks.