No peace at Flatexdegiro: Bernd Fortsch wants to join the supervisory board

FRANKFURT - The turbulence at online broker Flatexdegiro shows no sign of abating. Major shareholder Bernd Fortsch wants to be elected to the Supervisory Board at the Annual General Meeting on June 4, as the company announced late Friday evening. GfBk Gesellschaft für Borsenkommunikation, which is controlled by him, has submitted a so-called supplementary request to the agenda. He would replace Herbert Seuling, who announced his resignation from the board on Friday for personal reasons.

US telecom equipment supplier Adtran Holdings with high goodwill impairment

HUNTSVILLE - The US telecom equipment supplier Adtran Holdings will probably have to write off goodwill in the three-digit million euro range. The parent company of Adtran Networks announced on Saturday night that a non-cash impairment of around 293 million US dollars (272.5 million euros) is expected for the so-called goodwill, which is exclusively attributable to the Network Solutions segment. The impairment would lead to an increased operating loss of the same amount in the first quarter. However, the forecast for the operating margin adjusted for special effects for the period remains unchanged.

ROUNDUP: Led by celebrated Reus: BVB C version with highest win of the season

DORTMUND - Borussia Dortmund's biggest win of the season in the Bundesliga has turned into a huge celebration for Marco Reus. During the 5:1 (4:1) of the BVB C version on Saturday against the shockingly weak FC Augsburg, the ex-captain, who will retire in the summer after twelve years, was celebrated exuberantly. One day after his announced departure, the 34-year-old former international played a decisive role in the victory with a goal (34th minute) and two assists, which should give BVB the necessary momentum for the Champions League highlight in Paris on Tuesday.

Berkshire Hathaway's cash reserves continue to grow

OMAHA - Legendary US investor Warren Buffett is unable to find any attractive investment properties and is allowing the reserves of his holding company to rise to record levels. At the end of the last quarter, Berkshire Hathaway had around 189 billion dollars (175.5 billion euros) in cash and short-term government bonds at its disposal. At the annual shareholders' meeting in Omaha on Saturday, Buffett said that it was to be expected that the reserves would break the 200 billion dollar mark after the current quarter.

New Aareal Bank owners push out minority shareholders

WIESBADEN - The new owners of Aareal Bank have secured full control of the Wiesbaden-based commercial real estate financier. The remaining minority shareholders can be squeezed out in a cash settlement as planned, following a resolution passed at the Annual General Meeting on Friday, as the bank announced on Friday evening. The compensation for the minority shareholders had already been set at EUR 33.20 per registered share. The so-called squeeze-out announced in December was the central item on the agenda of the online Annual General Meeting.

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Further news

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-Russia bans sugar exports until the end of August

-ROUNDUP 2/ADAC: More members, more breakdowns, less money left over

-Rossmann boss: Shut down low-cost platform Temu if rules are broken

-Fewer calls via traditional telephone - online services are picking up

-Tesla protest camp: activists announce further actions

-Class action against Vodafone: 40,000 customers already want to join in°

Customer tip:

ROUNDUP: You are reading a summary in the company overview. There are several reports on this topic on the dpa-AFX news service.

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