Brief: DHH Announces Acquisition Of 69.15% of Connesi For EUR 5.5 Mln

Dominion Hosting Holding SpA

28/07/2022 15:30

July 28 (Reuters) - DHH SpA  DHH.MI :
    * ANNOUNCES ACQUISITION OF CONNESI
    * ACQUISITION OF 69.15% OF CONNESI
    * RESULTS OF CONNESI WILL BE FULLY CONSOLIDATED IN DHH’S
FINANCIAL
STATEMENTS STARTING FROM 1ST JULY 2022
    * TOTAL VALUE OF OPERATION AMOUNTS TO EUR 5.51 MILLION
    * THE PURCHASE PRICE FOR THE ACQUISITION HAS BEEN PAID
ENTIRELY IN
CASH THROUGH A STRUCTURED FINANCE TRANSACTION WITH INTESA
SANPAOLO SPA AS ARRANGER AND LENDING BANK FOR A TOTAL OF EUR
13.86 MLN

Further company coverage:  DHH.MI 

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