CEVMF - CTS Eventim: The Moat Of This Dividend Engine Continues To Growth With New Acquisition
CTS Eventim (OTCPK:CEVMF, OTC:CEVMY) has just announced that it acquired a majority stake in one of Russia’s leading tour and concert promoters Talent Concert International ("TCI").
Target Company
TCI was founded in 1995 and has since organized live performances in its home market, including:
- Blur,
- Nick Cave,
- Deep Purple,
- Kraftwerk,
- Limp Bizkit,
- Motörhead,
- Rihanna,
- the Scorpions,
- Robbie Williams.
The highlights of 2019 (so far) include:
- Jennifer Lopez,
- Rammstein,
- Whitesnake.
TCI doesn’t limit itself to events in the country’s two largest cities, Moscow and St. Petersburg, but is also regularly responsible for shows