Brief: Matas To Acquire Kosmolet A/S

Matas A/S

28/05/2019 07:13

May 28 (Reuters) - Matas A/S  MATAS.CO :
    * TO ACQUIRE 100% OF SHARES IN KOSMOLET A/S
    * ACQUISITION IS EXPECTED TO ENTAIL TRANSACTION AND RESTRUCTURING COSTS OF ABOUT DKK 5
MILLION IN
2019/20,
    * ACQUISITION WILL HAVE A LIMITED EFFECT ON REVENUE, BUT IS EXPECTED TO BOOST ANNUAL EBITDA
BY UP
TO DKK 25 MILLION
    * INITIAL PURCHASE PRICE OF DKK 145 MILLION
    * COMPLETION IS EXPECTED TO BE FINALISED IN JUNE 2019
    * INITIAL PURCHASE PRICE OF DKK 145 MILLION WILL BE PAID PARTLY IN CASH (DKK 135 MILLION)
AND
PARTLY IN FORM OF MATAS SHARES (DKK 10 MILLION) AT CLOSING.

Source text for Eikon:  ID:nGNE6r0qMw 
Further company coverage:  MATAS.CO 

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