April 12, 2018 / 6:39 AM / 7 months ago

BRIEF-Catena Media Buys Brokerdeal.De

April 12 (Reuters) - Catena Media PLC:

* CATENA MEDIA STRENGTHENS IT’S FINANCIAL SERVICES VERTICAL BY ACQUIRING BROKERDEAL.DE

* IS ACQUIRING ALL AFFILIATE ASSETS IN BROKERDEAL.DE

* ACQUIRED ASSETS CURRENTLY GENERATE QUARTERLY SALES OF ABOUT EUR 300.000.

* EXPECTED TOTAL ACQUISITION COST IS EUR 3.6 MILLION

* INITIAL PURCHASE CONSIDERATION AMOUNTS TO AN UP-FRONT PAYMENT OF EUR 1.2 MILLION

* SHARES WILL BE ISSUED AT A SUBSCRIPTION PRICE OF SEK 123,30 PER SHARE

* MAXIMUM ACQUISITION COST IS EUR 4.8 MILLION, BASED ON REVENUE PERFORMANCE OVER A PERIOD OF TWO YEARS Source text for Eikon: Further company coverage: (Gdynia Newsroom)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below