novum GmbH

Kap AG

29/06/2021 14:47

June 29 (Reuters) - Kap AG  IURG.DE :
    * KAP AG EXPECTS HIGHER BOOK PROFIT AS A RESULT OF THE SALE
OF
IT-NOVUM GMBH
    * PURCHASE PRICE (ENTERPRISE VALUE) IS AROUND EUR 22 MILLION
AND
RESULTS IN A MULTIPLE OF 9.5 ON NORMALISED EBITDA
    * SALE OF IT-NOVUM GMBH ALSO CONCLUDES SEPARATION FROM
IT/SERVICES
SEGMENT. SALE WILL RESULT IN HIGHER BOOK PROFIT FOR KAP AG.

Source text for Eikon:  ID:nEQ9YSPFva 
Further company coverage:  IURG.DE 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))