March 9 (Reuters) - Barco NV BAR.BR:
HAS REACHED AN AGREEMENT IN PRINCIPLE TO ACQUIRE 100% OF SHARES OF VERVENT AUDIO HOLDING
ENTERPRISE VALUE OF ACQUISITION IS ABOUT EUR 135 MILLION
TRANSACTION IS PLANNED TO BE FINANCED WITH BARCO’S OWN FUNDS
AFTER CLOSING, VERVENT WILL BE INTEGRATED INTO BARCO'S ENTERTAINMENT DIVISION
INCLUDING THIS ACQUISITION, BARCO RECONFIRMS LONG-TERM EBITDA MARGIN GUIDANCE OF 15% BY 2028
Source text: tinyurl.com/23do4epx
Further company coverage: BAR.BR
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