Brief: Criteo Enters Into Exclusive Negotiations To Acquire IPONWEB

Criteo SA (Pre-Reincorporation)

09/12/2021 12:31

Dec 9 (Reuters) - Criteo SA  CRTO.O :
    * CRITEO ENTERS INTO EXCLUSIVE NEGOTIATIONS TO ACQUIRE
IPONWEB,  A
MARKET-LEADING ADTECH PLATFORM COMPANY
    * CRITEO SA - REAFFIRMS 2021 FINANCIAL GUIDANCE AND
CONTINUED
EXECUTION OF ITS SHARE BUY-BACK PROGRAM
    * CRITEO SA - ACQUISITION VALUED AT $380 MILLION, FINANCED
THROUGH
CASH AND TREASURY SHARES
    * CRITEO SA - STRATEGIC ACQUISITION ACCRETIVE TO CRITEO'S
REVENUE
GROWTH, ADJUSTED EBITDA, EPS AND CASH FLOWS
    * CRITEO SA - $380 MILLION PURCHASE PRICE IS EXPECTED TO BE
FUNDED
THROUGH $305 MILLION PAID IN CASH AND $75 MILLION PAID IN CRTO
TREASURY SHARES
    * CRITEO SA - EXPECTS TO HAVE OVER $600 MILLION OF FINANCIAL
LIQUIDITY LEFT AFTER COMPLETION OF CONTEMPLATED TRANSACTION

Source text for Eikon:  ID:nPn22yyl2a 
Further company coverage:  CRTO.O 

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