Brief: Azerion Acquires Hawk And Consolidates Its Position In The Digital Advertising Market

Azerion NV

16/10/2023 06:55

Oct 16 (Reuters) - Azerion Group NV  AZRN.AS :
    * AZERION ACQUIRES HAWK AND CONSOLIDATES ITS POSITION IN THE
DIGITAL ADVERTISING MARKET
    * ANNOUNCES TODAY THE COMPLETED ACQUISITION OF HAWK
    * ACQUIRE A 100% STAKE IN HAWK FOR AN UPFRONT CONSIDERATION
OF
APPROXIMATELY EUR 7 MILLION
    * WILL INTEGRATE HAWK’S OMNICHANNEL BUYING PLATFORM AND
TAILOR-MADE ACTIVATION TECHNOLOGY
    * TO BE FUNDED BY AZERION FROM ITS CASH RESOURCES AND WITH
AN
EARN-OUT OVER THE FOLLOWING 3 YEARS SUBJECT TO CUSTOMARY
ARRANGEMENTS AND CAPPED  AT A MAXIMUM OF JUST OVER EUR 20
MILLION

Source text: https://shorturl.at/eBNT9
Further company coverage:  AZRN.AS 

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