Brief: Italy's Expert Reaches Deal To Sell ADmantX

ExpertAi SpA

20/11/2019 17:44

Nov 20 (Reuters) - Expert System SpA  EXSY.MI :
    * REACHES AGREEMENT WITH INTEGRAL AD SCIENCE FOR THE SALE OF
ADMANTX
    * SALE OF UNIT ADMANTX HAS ENTERPRISE VALUE OF EUR 16
MILLION
    * INTEGRAL AD SCIENCE IN ALL-CASH TRANSACTION BUYS 100% OF
ADMANTX
INCLUDING EXPERT SYSTEM STAKE OF 60.8% WHOSE VALUE IS EQUAL,
AFTER DEAL ADJUSTMENTS, TO € 7.098.009

Source text for Eikon:  urn:newsml:reuters.com:*:nBIA9pNRfG
Further company coverage:  EXSY.MI 

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