Brief: Better Collective Acquires Atemi Group

Better Collective A/S

01/10/2020 07:48

Oct 1 (Reuters) - Better Collective A/S  BETCO.ST :
    * REG-BETTER COLLECTIVE ACQUIRES ATEMI GROUP FOR UP TO 44
MILLION
EUR
    * REG-BETTER COLLECTIVE ACQUIRES ATEMI GROUP FOR UP TO 44
MILLION
EUR
    * TO PAY 27.8 MILLION GBP IN CASH AND 4.7 MILLION GBP IN
BETTER
COLLECTIVE SHARES FROM TREASURY SHARES HOLDING
    * REMAINING 7.5 MILLION GBP WILL BE PAID IN EQUAL QUARTERLY
DEFERRED PAYMENTS UNTIL END OF 2021
    * DEAL WILL ENABLE CO TO TAKE LEAP OF HAVING PROFORMA ANNUAL
REVENUE OF ESTIMATED MORE THAN 120 MILLION EUR WITH HIGH
OPERATIONAL EARNINGS AND CASH FLOW

Source text for Eikon:  ID:nGNEztP0x 
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