In the company’s news Friday,
Insight Management Corp. announced its newly secured position trading on the Frankfurt Stock Exchange in Germany. Owned by Deutsche Brose AG, the Frankfurt Stock Exchange is an international trading center that boasts a more than 90 percent turnover rate, making it the largest of Germany’s seven stock exchanges. Trading on one of the world’s largest securities exchanges may benefit shareholders and boost the Insight Management’s global presence, and also reflects the company’s dedication to growth and expansion.
“We have looked at numerous situations to potentially increase shareholder value and we feel that the move to a world class exchange like the Frankfurt Exchange will provide Insight Management and its subsidiaries a robust financial vehicle with a strong market presence in the most environmentally proactive country on earth,” Jennifer Rapacki, president and CEO of Microresearch and future president and CEO of Insight Management, stated in the press release.
News of the company securing its position on the exchanges tails an announcement in April that Insight Management had secured a merger agreement with Microresearch Corp., a regional oil and gas provider. Per the agreement, Microresearch will operate as a subsidiary of Insight Management. It was this agreement that positions Rapacki as the future president and CEO of Insight Management.
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