Brief: Inapa Says Enterprise Value Of Papyrus Deutschland Is 50 Mln Euros

Inapa Investimentos Participacoes e Gestao SA

30/10/2018 06:22

Oct 30 (Reuters) - Inapa Investimentos Participacoes e
Gestao SA  INA.LS :
    * SAID ON MONDAY ACQUISITION PRICE OF PAPYRUS DEUTSCHLAND
WILL BE
PARTIALLY PAID TO OPTIGROUP AB THROUGH CONVERTIBLE BONDS ISSUED
BY INAPA WORTH 15 MILLION EUROS
    * REMAINING AMOUNT OF ACQUISITION PRICE WILL BE DEFERRED FOR
ONE
YEAR THROUGH ISSUANCE OF A VENDOR LOAN NOTE
    * INAPA AND OPTIGROUP AB ASSUMED AN ENTERPRISE VALUE FOR
PAPYRUS
DEUTSCHLAND OF ABOUT 50 MILLION EUROS FOR THE PURPOSES OF
CALCULATING THE PRICE

    
 Source text: https://bit.ly/2DcJV5Y
    
 Further company coverage:  INA.LS  
   


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