Brief: Basic Net Enters Into Agreement With Permira To Sell Around 40% Of K-Way

Basic Net SpA

25/10/2024 16:55

Oct 25 (Reuters) - Basic Net SpA  BCNT.MI :
    * ENTERS INTO AGREEMENT WITH PERMIRA TO SELL AROUND 40% OF
UNIT
K-WAY
    * TRANSACTION VALUES K-WAY AT ENTERPRISE VALUE OF EUR 505
MILLION
    * TRANSACTION SUBJECT TO CLEARANCE BY ANTITRUST AUTHORITY,
EXPECTED TO BE COMPLETED IN Q1 2025

Further company coverage:  BCNT.MI 

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