Brief: CLIQ Digital: Concludes Acquisition Of Majority Stake In French AffiMobiz

Cliq Digital AG

21/02/2018 06:30

Feb 21 (Reuters) - CLIQ Digital AG  CLIQ.DE : 
    * DGAP-NEWS: CLIQ DIGITAL AG'S SUBSIDIARY GRUMBL MEDIA CONCLUDES ACQUISITION OF MAJORITY 
STAKE IN 
FRENCH MEDIA PURCHASING SPECIALIST AFFIMOBIZ 
    * MAJORITY STAKE OF 80% IN AFFIMOBIZ EFFECTIVE 1 JANUARY 2018 
    * STAKE IN SUBSIDIARY CMIND B.V. INCREASED TO 80% 
    * PARTIES HAVE AGREED NOT TO DISCLOSE PURCHASE PRICE 
    * PURCHASE PRICE IS FINANCED FROM CASH FLOW OF CLIQ DIGITAL AG 
 
Source text for Eikon:  ID:nEQ6kfcMPa  
Further company coverage:  CLIQ.DE  
 
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