Brief: Itab Shop Concept through subsidiaries to acquire two German companies
14/06/2017 07:10
June 14 (Reuters) - ITAB SHOP CONCEPT AB ITABb.ST :
* THROUGH ITS SUBSIDIARIES SIGNED AN AGREEMENT TO ACQUIRE
TWO GERMAN COMPANIES
* THE DEAL IS CONDITIONAL SUBJECT TO COMPETITION APPROVAL
AND IS EXPECTED TO OCCUR WITHIN ONE MONTH
* THE PURCHASE PRICE FOR SHARES AND INCENTIVE CORRESPONDS TO
ABOUT EUR 14 MILLION ON A DEBT-FREE BASIS WITH A ADDITIONAL
PURCHASE PRICE OF UP TO EUR 2 MILLION
Source text for Eikon: ID:nWkr5PVncq
Further company coverage: ITABb.ST
(Gdynia Newsroom)
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