Online staffing agency and payroll firm Aamigoo is to be listed on the Amsterdam stock exchange using a reverse takeover, the Financieele Dagblad reports on Tuesday.
The company has reached a deal with shell company EDCC. To finance the listing, EDCC will issue 43.75 million new shares on top of the 10.5 million shares outstanding. After the issue, EDCC will be renamed Aamigoo Group.
EDCC is largely owned by Value8, an investment fund set up by Peter Paul de Vries, former head of the shareholders lobby group VEB.
There is little information about Aamigoo online. The corporate website says there will be ‘more information shortly’.
According to the Financieele Dagblad, the company made operating profit of €2m this year on turnover of €120m and expects growth of 10% in 2011.
Utrecht-based Aamigoo has 239 members on its Hyves social networking web page, 105 friends on Facebook and according to its Linked In page, between 1 and 10 employees.
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