Brief: Azerion Announces Acquisitions Totalling About EUR 12 Mln

Azerion NV

17/10/2022 07:47

Oct 17 (Reuters) - Azerion Group NV  AZRN.AS :
    * AZERION ANNOUNCES ACQUISITIONS TOTALLING APPROXIMATELY EUR
12
MILLION
    * ACQUISITIONS INCLUDE VLYBY GMBH AND A NUMBER OF ASSET
DEALS
CONSISTING OF FULL MONETIZATION SOLUTIONS FOR DIGITAL PUBLISHERS
IN ITALY (TAKERATE) AND FRANCE
    * AGGREGATED PAID CONSIDERATION INCLUDES UP TO APPROXIMATELY
50%
CASH PAYMENT (COMBINATION OF UPFRONT AND DEFERRED PAYMENTS)
    * REMAINING BALANCE IS SETTLED THROUGH AN AZERION ORDINARY
SHARES
CONSIDERATION, RESULTING IN 785,540 TREASURY SHARES BEING
TRANSFERRED TO SELLING SHAREHOLDERS
    * ACQUISITIONS WERE COMPLETED AT END OF Q3 2022

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