Brief: Mondadori To Buy 51% Of Waimea

Arnoldo Mondadori Editore

22/07/2024 12:47

July 22 (Reuters) - Arnoldo Mondadori Editore SpA
 MOED.MI :
    * UNIT SIGNS ACQUISITION OF 51% SHARE CAPITAL OF WAIMEA
    * PRICE TO BE PAID ON CLOSING EUR 6.9 MILLION
    * WAIMEA HOLDS ALL INTELLECTUAL PROPERTY, ECONOMIC
EXPLOITATION
RIGHTS PERTAINING TO IMAGE OF BENEDETTA ROSSI AND MARCO GENTILI
    * AGREEMENT PROVIDES PUT, CALL OPTIONS FOR FURTHER 19% STAKE
IN
WAIMEA
    * FINALISATION OF OFFER, CLOSING OF TRANSACTION EXPECTED BY
END
2024

Further company coverage:  MOED.MI 

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