Brief: Gruppo MutuiOnline To Buy Rastreator And LeLynx For EUR 150 Mln

Moltiply

29/08/2022 07:36

Aug 29 (Reuters) - Gruppo MutuiOnline SpA  MOL.MI :
    * SIGNS DEAL TO BUY RASTREATOR E LELYNX
    * AGREED PRICE EQUAL TO AN ENTERPRISE VALUE OF EUR 150
MILLION,
ADJUSTED BY THE EXPECTED NET CASH AT THE TIME OF CLOSING
    * CLOSING OF DEAL EXPECTED TO TAKE PLACE IN FIRST DAYS OF
2023,
SUBJECT TO CUSTOMARY REGULATORY APPROVALS
    * BINDING DEAL SIGNED WITH ZPG COMPARISON SERVICES HOLDINGS
UK AND
WITH ITS SUBSIDIARY PENGUIN PORTALS BOTH PART OF THE RVU GROUP
    * DEAL TO BE FINANCED WITH AVAILABLE CASH AND USE OF ALREADY
AVAILABLE CREDIT LINES

Further company coverage:  MOL.MI 

 (Gdansk Newsroom)
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