Brief: GPI To Buy 65% Of Oslo Srl's Intelligence Systems Business Unit

Gpi

16/01/2020 07:08

Jan 16 (Reuters) - GPI SpA  GPI.MI :
    * SIGNS PRELIM INVESTMENT DEAL TO SET UP NEWCO IN WHICH OSLO SRL WILL TRANSFER ITS BUSINESS
UNIT
    * WILL OWN 65% OF NEWCO SET UP WITH OSLO SRL
    * OSLO SRL BUSINESS UNIT SUPPLIES INTELLIGENCE SYSTEMS FOR HEALTH AND PRIVATE SECTOR
    * PRICE OF ACQUISITION OF STAKE IN OSLO SRL BUSINESS UNIT IS EQUAL TO EUR 5.6 MILLION PLUS
EARNOUT
    * ACQUISITION OF STAKE IN OSLO SRL BUSINESS UNIT TO BE PAID WITH RESOURCES FROM BOND AND IN
KIND
    * DEAL ON STAKE IN OSLO SRL BUSINESS UNIT INCLUDES PUT & CALL OPTION ON REMAINING 35% STAKE

Source text for Eikon:  ID:nBIA7qr2mR 
Further company coverage:  GPI.MI 

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