Brief: DigiTouch signs binding agreement to buy 100 pct stake in Optimized Group

Digitouch SpA

30/06/2016 08:39

June 30 (Reuters) - DigiTouch SpA  DGT.MI : 
    * Said on Wednesday that it signed a binding agreement for 
the acquisition of a 100 percent stake in Optimized Group Srl 
    * Optimized Group Srl is a web agency specialized in Search 
Engine Optimization (SEO) and Search Engine Marketing (SEM) 
    * Equity value of the operation is 1.4 million euros ($1.55 
million) 
    * 1.1 million euros of the transaction will be paid via cash 
while the remaining 0.3 million euros will be paid via the 
credit lines of the company 24 months after 
    * Agreement envisages earnout option 
 
     
  
     
 Source text for Eikon:  urn:newsml:reuters.com:*:nBIA29399 
     
 Further company coverage:  DGT.MI   
    
 
 
 
($1 = 0.9010 euros) 
 
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