Brief: Alkemy Signs Investment Deal To Buy Remaining 49% of Experience Cloud Consulting

Alkemy SPA

07/04/2021 06:32

April 7 (Reuters) - Alkemy SpA  ALKE.MI :
    * SAID ON TUESDAY HAD COMPLETED INITIAL ACQUISITION OF 51%
OF
EXPERIENCE CLOUD CONSULTING (XCC)
    * SIGNED INVESTMENT AGREEMENT WITH THREE MINORITY
SHAREHOLDERS OF
XCC
    * INVESTMENT DEAL CONCERNS ACQUISITION, IN TWO TRANCHES, OF
MINORITY SHARES EQUAL TO 49% OF XCC, THROUGH THE EXERCISE OF
PUT/CALL OPTIONS
    * TO PURCHASE 14% STAKE IN H2 2024 AND RESIDUAL 35% STAKE IN
H2 OF
2026

    
 Source text for Eikon:  urn:newsml:reuters.com:*:nBIA2yrxZ6
    
 Further company coverage:  ALKE.MI  
   


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