Brief: Azkoyen Signs Deal To Buy 100% Of Ascaso

Azkoyen SA

22/07/2022 11:22

July 22 (Reuters) - Azkoyen SA  AZK.MC :
    * SIGNS CONTRACT FOR THE PURCHASE AND SALE OF 100% OF ASCASO
    * AMOUNT OF TRANSACTION WAS FIXED PRICE OF 17 MILLION EUROS
AND
VARIABLE PRICE OF UP TO 4 MILLION EUROS
    * AMOUNT DEPENDS ON THE ACHIEVEMENT OF CERTAIN EBITDA
TARGETS FOR
FISCAL YEARS 2022, 2023 AND 2024, AND INCLUDES A COVENANT OF
PERMANENCE OF THE PREVIOUS OWNER AND MANAGER

Source text for Eikon:  ID:nCNM8qmDqg 
Further company coverage:  AZK.MC 

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