Brief: Lastminute.Com To Buy Comvel GmbH For EUR 12 Mln

Lastminute.com NV

21/12/2017 06:01

Dec 21 (Reuters) - LASTMINUTE.COM  LMN.S : 
    * ANNOUNCES THE SIGNING OF A BINDING AGREEMENT TO ACQUIRE COMVEL GMBH TO EXPAND ITS BUSINESS 
IN 
GERMANY  
    * IMPACT ON GROUP EBITDA IS EXPECTED TO BE NEUTRAL 
    * WILL ACQUIRE 100% OF COMVEL GMBH CAPITAL WITH EFFECT 1ST JANUARY 2018 
    * TO BUY COMVEL FOR EUR12 MILLION, TO BE PAID IN CASH, EUR6 MILLION AT CLOSING DATE AND EUR6 
MILLION THROUGHOUT 2019 
 
Source text for Eikon:  ID:nTENi79eja  
Further company coverage:  LMN.S  
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))