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AZM — Azimut Holding News Story

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Brief: Azimut Holding Acquires Yapi Kredi Portföy, Deal Valued At €305 Mln

BRIEF-Azimut Holding Acquires Yapi Kredi Portföy, Deal Valued At €305 Mln

- Azimut Holding SpA AZMT.MI:

  • AZIMUT TURKISH UNIT AZIMUT PORTFÖY YÖNETIMI A.Ş H1 NET INCOME EUR 11.8 MILLION

  • DEAL VALUED AT €305 MILLION ($349 MILLION) EXCLUDING CASH AND EARN-OUT

  • DEAL EXPECTED TO DELIVER ~10% AVERAGE EPS ACCRETION OVER 2027E-2029E

Further company coverage: AZMT.MI


(Gdansk Newsroom)

((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))

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