An undisclosed buyer made an offer to acquire 50.7% stake in Exozet Berlin GmbH from German Startups Group GmbH & Co. KGaA (XTRA:GSJ) on May 14, 2018. The proceeds from the deal will be used by German Startups Group GmbH & Co. KGaA to repay received loans and initiate share buyback programs. An undisclosed buyer cancelled the acquisition of 50.7% stake in Exozet Berlin GmbH from German Startups Group GmbH & Co. KGaA (XTRA:GSJ) on May 14, 2019.