Brief: Net Gaming To Acquire Assets In The DACH Region

Acroud AB

19/04/2018 13:19

April 19 (Reuters) - Net Gaming Europe AB  NETG.TE :
    * NET GAMING SIGNS LETTER OF INTENT TO ACQUIRE ASSETS IN THE
DACH
REGION
    * SIGNED A LETTER OF INTENT TO ACQUIRE AFFILIATE ASSETS,
PRIMARILY
IN DACH REGION
    * OPERATIONS SHOW STRONG GROWTH AND ARE CURRENTLY EXPECTED
TO
GENERATE QUARTERLY SALES OF APPROXIMATELY EUR 200,000
    * INITIAL PURCHASE CONSIDERATION OF EUR 2.29 MILLION WILL BE
SETTLED WITH EXISTING CASH RESOURCES
    * PAYMENT OF A MAXIMUM ADDITIONAL CONSIDERATION OF EUR 1.25
MILLION MAY ALSO BE REQUIRED

Source text for Eikon:  ID:nWkr3Lg9wJ 
Further company coverage:  NETG.TE 

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