Brief: Agile Content to acquire Over-The-Top-Networks business

Agile Content SA

09/05/2016 06:48

May 9 (Reuters) - Agile Content SA  AGIL.MC : 
    * Said on Monday that it entered into agreement with UUX 
Holding Company Ltd to buy Over-The-Top-Networks business  
through acquisition of 100 percent of the companies Over The Top 
Networks International Inc, Over The Top Networks SA and Over 
The Top Networks Iberica SL 
    * Says transaction is valued at $7.9 million plus a variable 
fee, dependant on achieving of certain financial variables in FY 
2016 
    * Says payment in cash ($5 million) and by capital increase 
through credit compensation and new shares issue 
 
     
  
     
 Source text: http://bit.ly/1WUtCfZ 
     
 Further company coverage:  AGIL.MC   
    
 
 
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