Brief: Awardit Buys German Loyalty Company IPO Prämienservices GmbH
26/10/2023 15:19
Oct 26 (Reuters) - Awardit AB publ AWRD.ST :
* AWARDIT CONTINUES TO CONSOLIDATE THE DACH REGION THROUGH THE ACQUISITION OF THE GERMAN
LOYALTY
COMPANY IPO PRÄMIENSERVICES GMBH
* PURCHASE PRICE IS MEUR 7.8
* PURCHASE PRICE FOR IPO WILL BE PAID IN CASH AT CLOSING ON 31 OCTOBER
* EARN-OUT, CAPPED AT MAX MEUR 2, CORRESPONDING TO GROSS PROFIT ATTRIBUTABLE TO POSSIBLE NEW
PART
OF BIZ CAN BE ATTAINED DURING 2 YEAR PERIOD
Source text for Eikon: ID:nMFN4klQJf
Further company coverage: AWRD.ST
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