Brief: Azerion Acquires AdPlay

Azerion NV

24/11/2022 06:33

Nov 24 (Reuters) - Azerion Group NV  AZRN.AS :
    * AZERION ACQUIRES ADPLAY AND STRENGTHENS ITALIAN DIGITAL
ADVERTISING FOOTHOLD
    * AGGREGATED CONSIDERATION IS A COMBINATION OF CASH AND
SHARES.
    * IN TOTAL, 580,470 TREASURY SHARES WERE TRANSFERRED TO
SELLING
SHAREHOLDER
    * THE TRANSACTION IS EFFECTIVE AS OF 11TH NOVEMBER 2022
    * ADPLAY GENERATED APPROXIMATELY EUR 12 MILLION GROSS
REVENUE IN
2021

Source text for Eikon:  ID:nGNE1ftqLZ 
Further company coverage:  AZRN.AS 
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