Brief: Alithya To Acquire Datum

Alithya

01/06/2022 12:50

June 1 (Reuters) - Alithya Group Inc  ALYA.TO :
    * ALITHYA TO ACQUIRE DATUM, ADDING RECURRING SAAS REVENUES
AND
GROWING GLOBAL CAPABILITIES
    * ALITHYA GROUP INC - DEAL FOR A PURCHASE PRICE OF UP TO
US$45.5
MILLION
    * ALITHYA GROUP INC - TRANSACTION IMMEDIATELY ACCRETIVE
    * ALITHYA GROUP - PURCHASE PRICE INCLUDES ESTIMATED IFRS 16
LEASE
LIABILITIES OF US$0.5 MILLION AND POTENTIAL EARN-OUT PAYMENTS OF
UP TO US$13.0 MILLION
    * ALITHYA - UPFRONT CASH CONSIDERATION IS EXPECTED TO BE
FINANCED
BY C$2.5 MILLION ADD-ON TO INVESTISSEMENT QUÉBEC'S SUBORDINATED
UNSECURED LOAN
    * ALITHYA - REMAINDER OF CASH CONSIDERATION IS EXPECTED TO
BE
FINANCED THROUGH ALITHYA'S C$125 MILLION REVOLVING CREDIT
FACILITY

Source text for Eikon:  ID:nCNWVpqKfa 
Further company coverage:  ALYA.TO 

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