Brief: Maire' Subsidiary Nextchem Buys 70% Stake In Etek, 100% Owner Of Sisemtek
BRIEF-Maire' Subsidiary Nextchem Buys 70% Stake In Etek, 100% Owner Of Sisemtek June 16 (Reuters) - Maire SpA MTCM.MI:
NEXTCHEM BUYS 70% STAKE IN ETEK, 100% OWNER OF SISEMTEK
DEAL VALUES ETEK AND SISEMTEK AT €17.5 MILLION; 70% STAKE BOUGHT FOR €11.1 MILLION
€5 MILLION PAID UPFRONT; REMAINDER AS EARN-OUTS THROUGH 2030
Further company coverage: MTCM.MI
(Gdansk Newsroom)
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