Brief: Acroud Considers Potential Accretive EUR 5 Million Acquisition

Acroud AB

15/06/2022 13:22

June 15 (Reuters) - Acroud AB  ACROUD.ST :
    * ACROUD CONSIDERS POTENTIAL ACCRETIVE ACQUISITION WITHIN
THE
AFFILIATION AND MEDIA SPACE
    * IS NOW CONSIDERING A POTENTIAL ACCRETIVE EUR 5.5 MILLION
ACQUISITION
    * AN ACQUISITION IS EXPECTED TO CONTRIBUTE OVER EUR 9
MILLION TO
COMPANY'S REVENUES AND OVER EUR 4 MILLION TO COMPANY'S EBITDA
ANNUALLY
    * POTENTIAL ACQUISITION COMPRISES OF AFFILIATION ASSETS
WITHIN
IGAMING MARKET
    * ACROUD'S MANAGEMENT IS OF VIEW THAT POTENTIAL ACQUISITION
WILL
BE ACCRETIVE FOR BOTH EQUITY AND DEBT INVESTORS IN COMPANY
    * CASH PAYMENT IS EXPECTED TO BE FINANCED VIA ACROUD'S
EXISTING
CASH AND FUTURE OPERATIONAL CASH INFLOW
    * IF POTENTIAL ACQUISITION MATERIALISES, DEAL WILL SEE CO
INVESTING ABOUT EUR 1 MILLION IN SHARES, ABOUT EUR 4.5 MILLION
IN CASH

Source text for Eikon:  ID:nWkr6HCNR6 
Further company coverage:  ACROUD.ST 

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