April 29 (Reuters) - Amadeus IT Group SA AMA.MC:
ANNOUNCES INTENTION TO BUY IDEMIA PUBLIC SECURITY FOR EUR 1.2 BILLION PLUS EARN-OUT UP TO EUR 150 MILLION
ACQUISITION EXPECTED TO CLOSE BY MID-2027 SUBJECT TO REGULATORY APPROVALS
THE COMBINATION ENABLES INCREMENTAL REVENUE AND COST SYNERGIES ( €50M ANNUAL COST SYNERGIES IN THE MID -TERM)
ACQUISITION TO BE FINANCED THROUGH COMBINATION OF EXISTING CASH AND DEBT FACILITIES
ACQUISTION TO IMPACT ONE-TIME EBIT MARGIN REDUCTION UPON CONSOLIDATION AT CLOSING, HOWEVER ADJUSTED EBIT MARGIN EXPANDING ANNUALLY
Source text: ID:nFWN41C00P
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