Brief: Gruppo MutuiOnline Buys 100% Of SOS Tariffe For EUR 28.7 Mln

Moltiply

27/11/2020 15:41

Nov 27 (Reuters) - Gruppo MutuiOnline SpA  MOL.MI :
    * GRUPPO MUTUIONLINE ACQUIRES FROM THE FOUNDERS 100% OF SOS
TARIFFE, COMPARISON PORTAL SPECIALIZED IN TELECOMMUNICATION AND
ENERGY
    * AGREED PRICE FOR PURCHASE OF SHARES OF SOS TARIFFE IS EURO
28.7
MILLION
    * PAYMENTS WILL BE FINANCED WITH AVAILABLE CASH AND CASH
EQUIVALENTS AND/OR USE OF ALREADY AVAILABLE CREDIT LINES
    * AS PART OF TRANSACTION, SOS TARIFFE BUYS FROM FOUNDERS
ALBERTO
MAZZETTI, GIULIANO MESSINA AND UMBERTO LENTINI 100% OF SOS
CONSULTING
    * ACQUISITION PRICE OF 100% OF SOS CONSULTING IS EUR 1.4
MILLION

Source text for Eikon:  ID:nBIAbLHPPm 
Further company coverage:  MOL.MI 

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