Brief: Agfa-Gevaert Group And Aurelius Group Sign Share Purchase Agreement For Sale Of Agfa’S Offset Solutions Division

Agfa Gevaert NV

30/08/2022 07:42

Aug 30 (Reuters) - AGFA Gevaert NV  AGFB.BR :
    * AGFA-GEVAERT GROUP AND AURELIUS GROUP SIGN SHARE PURCHASE
AGREEMENT FOR SALE OF AGFA’S OFFSET SOLUTIONS DIVISION - 
REGULATED INFORMATION
    * BOTH PARTIES AIM TO COMPLETE TRANSACTION IN COURSE OF Q1
OF 2023
    * UNDER TERMS OF AGREEMENT, AURELIUS GROUP WOULD ACQUIRE
OFFSET
SOLUTIONS DIVISION AT AN ENTERPRISE VALUE OF 92 MILLION EURO
    * AGFA WAS ASSISTED BY INVESTMENT BANK BNP PARIBAS FORTIS
ADVISORY
AND BY LAW FIRM LINKLATERS
    * SUBJECT TO CUSTOMARY WORKING CAPITAL AND NET FINANCIAL
DEBT
ADJUSTMENTS AS WELL AS MINORITY SHARE AND NET PENSION DEBT
DEDUCTIONS

Source text for Eikon:  ID:nGNE9wjlj0 
Further company coverage:  AGFB.BR 

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