Brief: Adux Acquires L’Agora

Adux SA

10/04/2019 16:53

April 10 (Reuters) - ADUX SA  ADUX.PA :
    * REG-ADUX ACQUIRES L’AGORA (PREMIUM AUDIENCE NETWORK) TO ACCELERATE HIS NATIVE ADVERTISING
ACTIVITY ON THE SPANISH MARKET
    * A PRICE OF EUR 0.2 MILLION ALONG WITH A PRICE SUPPLEMENT BASED ON 2019 EBITDA LIMITED TO
EUR 0.4
MILLION
    * L'AGORA IS PIONEER AND ONE OF SPANISH LEADERS IN NATIVE ADVERTISING, WITH REVENUE OF
APPROXIMATELY EUR 2 MILLION IN 2018
    * DEAL SHOULD IMPROVE PROFITABILITY OF SPANISH OPERATIONS AS OF 2019
    * ADUX IS PURCHASING 100% OF SHARES OF L'AGORA COMPANY

Source text for Eikon:  ID:nGNE11z26m 
Further company coverage:  ADUX.PA 

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