Brief: Action Press Acquires DDP Media GmbH
Sept 2 (Reuters) - Action Press AG AQP1.D :
* ACTION PRESS ACQUIRES DDP: ONE OF THE WORLD'S LARGEST
PHOTO
AGENCIES HAS BEEN CREATED IN GERMANY
* SIGNED A PURCHASE AGREEMENT TO ACQUIRE 100% OF SHARES IN
DDP
MEDIA GMBH (HAMBURG)
* PURCHASE PRICE OF A MID-SINGLE-DIGIT MILLION AMOUNT WILL
BE
FINANCED FROM EXISTING LIQUIDITY AND NEWLY RAISED DEBT CAPITAL
Source text for Eikon: ID:nEQGNlQQa
Further company coverage: AQP1.D
(Gdansk Newsroom)
((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))
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