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ECA SA announces acquisition of Infotron


Thursday, 17 Apr 2014 02:00am EDT 

ECA SA:To acquire 100 pct of Infotron from Remote Reward.Acquisition is being paid for with 2.5 million euros in cash and 375,000 new ECA shares.To accelerate completion of deal, given legal delays involved in issuing new shares, Groupe Gorge will provisionally take over Infotron in exchange for its own ECA shares.Groupe Gorge will subsequently transfer Infotron to ECA on same terms, receiving newly created shares in exchange. ECA will then become sole shareholder of Infotron. 

Company Quote

11.17
0.31 +2.85%
22 Aug 2014