Brief: Amper Buys Remaining 49% Stake In Elinsa

Amper SA

06/11/2024 07:40

Nov 6 (Reuters) - Amper SA  APE.MC :
    * ACQUISITION OF THE REMAINING 49% STAKE IN ELINSA
    * PURCHASE PRICE APPROXIMATELY 30.5 MILLION EUROS
    * PAYMENT 50% IN CASH IN THREE YEARS, AND REMAINING 50% THROUGH ISSUANCE OF NEW AMPER SHARES
    * PURCHASE IS CARRIED OUT IN CONTEXT OF RECENT CONTRACT SIGNED BY ELINSA WITH EXPERIENCE
KNOWLEDGE
STRATEGY
    * CONTRACT VALUE OF SOME 155 MILLION EUROS, POSSIBLY RISING TO 340 MILLION EUROS WITH ITS
EXTENSION

Source text:  ID:nCNM5vBRSB 
Further company coverage:  APE.MC 

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