Brief: DigiTouch To Buy Conversion-Nextmove Group

Digitouch SpA

19/05/2020 06:39

May 19 - DigiTouch SpA  DGT.MI :
    * SAID ON MONDAY UNIT SIGNED AGREEMENT WITH
CONVERSION-NEXTMOVE
FOR ACQUISITION OF GROUP
    * ACQUISITION TO BE MADE IN TWO PHASES
    * CO TO BUY 70% OF CONVERSION FOR EUR 357,000 BY END-JUN
2020
    * REMAINING 30% TO BE BOUGHT BY 30 JUN 2022 FOR A PRICE
BETWEEN
EUR 225,000 AND EUR 450,000
    * ACQUISITION IN LINE WITH STRATEGIES OUTLINED IN CO
2018-2020
INDUSTRIAL PLAN

    
 Source text for Eikon:  urn:newsml:reuters.com:*:nBIA33xSGc
    
 Further company coverage:  DGT.MI