Brief: Sabanci Holding Says Its Netherlands-Based Unit Dx Technology Signs Deal To Acquire Sem Internet Reklam, Liberdatum Internet and Radiflow At Total Of $44.6 Mln

Haci Omer Sabanci Holding

29/04/2022 07:12

April 29 (Reuters) - HACI OMER SABANCI HOLDING AS
 SAHOL.IS :
    * SABANCI HOLDING SAYS ITS NETHERLANDS-BASED UNIT DX
TECHNOLOGY
SIGNS DEAL TO ACQUIRE ENTIRE SHARES IN SEM INTERNET REKLAM AND
LIBERDATUM INTERNET COMPANIES AT $13.5 MILLION
    * SABANCI HOLDING SAYS ITS NETHERLANDS-BASED UNIT DX
TECHNOLOGY
SIGNS DEAL TO ACQUIRE 51% SHARES IN RADIFLOW LTD AT $31.1
MILLION
    * DX TECHNOLOGY PLANS INTENDED TO INCREASE TOTAL SHARE IN
RADIFLOW
UP TO 100% VIA PURCHASING REMAINING SHARES FROM SELLERS AND
TOGETHER WITH ADDITIONAL CAPITAL INCREASES AMOUNTING $14 MLN TO
BE MADE BY RADIFLOW IN 2023 AND 2024
    * SABANCI HOLDING SAYS CLOSING PROCEDURES REGARDING SUCH
ACQUISITIONS TO BE COMPLETED BY END OF Q3 OF 2022

Source text for Eikon:  ID:nIKA2b64SM 
Further company coverage:  SAHOL.IS 

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