Brief: Mildef to acquire all shares in roda computer GmbH

MilDef AB

13/11/2024 16:36

Nov 13 (Reuters) - MilDef Group AB  MILDEF.ST :
    * MILDEF SIGNIFICANTLY EXPANDS ITS PRESENCE IN CENTRAL
EUROPE -
ENTERS INTO AGREEMENT FOR A TRANSFORMATIVE ACQUISITION OF RODA
COMPUTER GMBH
    * MILDEF GROUP AB - EV/EBITDA MULTIPLE OF APPROXIMATELY 8X
BASED
ON FY2023 EBITDA
    * MILDEF GROUP AB - INITIAL CONSIDERATION FOR RODA
ACQUISITION EUR
70 MILLION AND 1,374,047 SHARES
    * MILDEF GROUP AB - ACQUISITION IS EXPECTED TO BE ACCRETIVE
TO
MILDEF'S EARNINGS PER SHARE FROM COMPLETION OF ACQUISITION
    * MILDEF GROUP AB - POTENTIAL EARN-OUT UP TO EUR 4 MILLION
BASED
ON 2024 TARGETS
    * MILDEF GROUP - ACQUISITION WILL BE FINANCED WITH A
COMBINATION
OF NEW DEBT AND ISSUE OF NEW SHARES
    * MILDEF GROUP AB - ACQUISITION WILL ALSO BE FINANCED BY
DIRECTED
SHARE ISSUE OF APPROX SEK 450 MILLION

Source text:  ID:nWkr4nDcPl 
Further company coverage:  MILDEF.ST 

 ((Reuters.Briefs@thomsonreuters.com;))