Brief: Alcadon Acquires 80 Percent Of Belgian 6X

Alcadon AB

07/12/2021 12:41

Dec 7 (Reuters) - Alcadon Group AB  ALCA.ST :
    * ALCADON ACQUIRES 80 PERCENT OF BELGIAN 6X INTERNATIONAL BV
WITH
AN OPTION FOR THE REMAINING 20 PERCENT
    * PURCHASES ALSO INCLUDE A CALL / PUT OPTION FOR REMAINING
20
PERCENT.
    * 6X IS EXPECTED TO REPORT SALES OF 3,7 MEUR AND EBITDA OF
0,2
MEUR IN 2021
    * PURCHASE PRICE FOR SHARES AMOUNTS TO 612 KEUR
    * ADDITIONAL PURCHASE PRICE (EARN-OUT) OF A MAXIMUM OF 200
KEUR IN
CASH IS PAID DEPENDING ON DEVELOPMENT OF GROSS PROFIT

Source text for Eikon:  ID:nWkr2N0Rpf 
Further company coverage:  ALCA.ST 

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