Brief: Midwich Group Announces Acquisition Of prodyTel Distribution GmbH

Midwich

13/11/2023 07:27

Nov 13 (Reuters) - Midwich Group PLC  MIDWM.L :
    * ACQUISITION OF PRODYTEL DISTRIBUTION GMBH
    * WILL ACQUIRE 51% OF CO'S SHARE CAPITAL FOR INITIAL CASH
CONSIDERATION OF EUR 8.5 MLN
    * PUT/ CALL OPTIONS IN PLACE TO FACILITATE PURCHASE OF
REMAINING
49% OF SHARE CAPITAL IN JUNE 2024 FOR EUR 8.1 MLN

Source text for Eikon:  ID:nRSM2050Ta 
Further company coverage:  MIDWM.L 

 (Reuters.Briefs@thomsonreuters.com)