Brief: LVenture Group, Digital Magics Sign Agreement To Merge By Incorporation
13/03/2023 06:35
March 13 - LVenture Group SpA LVEN.MI , Digital Magics SpA
DMG.MI :
* COMPANIES SAID ON FRIDAY THEY HAD SIGNED NON-BINDING TERM
SHEET
TO MERGE DIGITAL MAGICS BY INCORPORATION IN LVENTURE GROUP
* DIGITAL MAGIC TO OWN BETWEEN 61.5%-38.5% OF NEW COMPANY
SHARE
CAPITAL, LVENTURE GROUP TO OWN 66.5%-33.5%
* OPERATION TO BE COMPLETED BY END OF YEAR
Further company coverage: LVEN.MI , DMG.MI
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