Brief: Exclusive Networks Signs Binding Agreement For Acquisition Of Nextgen Group

Exclusive Networks SAS

28/03/2024 06:03

March 28 (Reuters) - Exclusive Networks SAS  EXN.PA :
    * EXCLUSIVE NETWORKS ANNOUNCES A MAJOR STEP IN ITS GROWTH
STRATEGY
IN APAC WITH NEXTGEN GROUP ACQUISITION
    * SIGNATURE OF A BINDING AGREEMENT FOR ACQUISITION OF 100%
OF
SHARE CAPITAL OF NEXTGEN GROUP
    * CLOSING EXPECTED TO BE FINALIZED DURING Q2 OF 2024
    * IN FY-23, ENDING JUNE 30(TH), 2023, NEXTGEN GENERATED
GROSS
SALES OF AU$266M (EUR 160 M), WITH EXPECTED DOUBLE-DIGIT GROWTH
FOR YEARS TO COME

Source text for Eikon:  ID:nBw8hBzX1a 
Further company coverage:  EXN.PA 

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