Brief: Fineos Acquires Spraoi
05/05/2021 02:29
May 5 (Reuters) - FINEOS Corporation Holdings PLC FCL.AX :
* FINEOS ACQUIRES SPRAOI
* ACQUIRES SPRAOI
* ENTERED BINDING AGREEMENT WITH DIGIN TECHNOLOGIES TO BUY
SPRAOI
FOR UPFRONT CASH PAYMENT OF US$4 MILLION
* DEAL OFFERS EARNOUT OF UP TO US$6.6 MILLION OVER 3-YRS
SUBJECT
TO SPECIFIC REVENUE HURDLES BEING MET
Source text for Eikon: ID:nASX1jDbHr
Further company coverage: FCL.AX
((Reuters.Briefs@thomsonreuters.com;))
Recent news on FINEOS Holdings
See all newsASX-listed FINEOS Corporation rises after Citi hikes PT
Citi ups ASX-listed FINEOS Corp's PT after ARR growth drives results
Brief: Guardian Completes Integration With Fineos To Expand Digital Capabilities And Deliver A Simplified Leave Experience
Fineos Corp Falls To Near 7: month low as FY25 revenue forecast hit
Brief: Fineos Corporation Sees FY25 Revenue At Lower End Of Guidance