Brief: Exclusive Networks Signs Binding Agreement To Acquire Ingecom

Exclusive Networks SAS

12/09/2023 06:02

Sept 12 (Reuters) - Exclusive Networks SAS  EXN.PA :
    * EXCLUSIVE NETWORKS SIGNS A BINDING AGREEMENT TO ACQUIRE
INGECOM,
EXPANDING FURTHER IGNITION’S FOOTPRINT IN EMEA
    * UNDER AGREEMENT, EXCLUSIVE NETWORKS WILL ACQUIRE 70% OF
INGECOM,
WHILE REMAINING STAKE WILL BE HELD BY CURRENT MANAGERS
    * CLOSING OF TRANSACTION IS SUBJECT TO CUSTOMARY CONDITIONS
PRECEDENT AND EXPECTED TO BE FINALISED BEFORE END OF YEAR.

Source text for Eikon:  ID:nBw2q0MTca 
Further company coverage:  EXN.PA 

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