Brief: DESA Buys 100% Of Terrers For About 25,000 Euros
03/03/2025 07:21
March 3 (Reuters) - Desarrollos Especiales De Sistemas De Anclaje SA DESA.MC: BUYS 100% OF TERRERS FOR ABOUT 25 THOUSAND EUROS SUBSEQUENT AND IMMEDIATE ACQUISITION BY TERRERS -AFTER CORRESPONDING CAPITAL INCREASE-, THROUGH GLOBAL TRANSFER OPERATION, OF 100% OF ASSETS AND LIABILITIES OF VALLÉS NET PRICE TO VALLES TO BE PAID IN FOUR DEFERRED PAYMENTS ACQUISITION PRICE OF ASSETS AND LIABILITIES OF VALLÉS WILL BE DETERMINED ON BASIS OF EBITDA, ON WHICH CERTAIN ADJUSTMENTS WILL BE MADE TO STRUCTURE TRANSACTION WITH OWN RESOURCES, BANK FINANCING AND RESULTS OF ACQUIRED BUSINESS AT CLOSING OF TRANSACTION, A NUMBER OF LONG-TERM LEASES WILL ALSO BE ENTERED INTO IN RESPECT OF PREMISES WHERE BOTH COMPANIES OPERATE CONTRACTS WITH PURCHASE OPTIONS WITHOUT PREMIUM ON SUCH VESSELS, PRICE TO BE DETERMINED BY TWO APPRAISAL COS SHOULD TRANSACTION MATERIALIZE, IT COULD SIGNIFICANTLY INCREASE CO'S EBITDA AND RESULTS Source text: ID:nCNMdkVnPF Further company coverage: DESA.MC (Gdansk Newsroom) ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))