Brief: Tie Kinetix Postpones Sale Of Business Line To Impartner

ER Capital Nv

22/06/2020 07:10

June 22 (Reuters) - TIE Kinetix NV  TIEH.AS :
    * TIE KINETIX SALE OF BUSINESS LINE TO IMPARTNER POSTPONED
    * INTENDED CLOSING OF THE SALE OF ITS BUSINESS LINE
‘GOOGLE-ADS-FOR-CHANNEL’ AND TCMA TO IMPARTNER INC. OF THE US
FOR A CONSIDERATION OF € 6 MILLION IS POSTPONED UNTIL AUGUST
21ST, 2020
    * CLOSING OF THE TRANSACTION IS POSTPONED AT THE REQUEST OF
THE
BUYER PENDING COMPLETION OF THE BUYERS FINANCING OF THE
TRANSACTION, WHICH IS IMPACTED BY THE MEASURES TAKEN IN LIGHT OF
THE COVID-19 VIRUS OUTBREAK

Source text for Eikon:  ID:nNDL8xfWPR 
Further company coverage:  TIEH.AS 

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