March 21 (Reuters) - Moltiply Group Spa MOL.MI:
ANNOUNCES AGREEMENT TO ACQUIRE VERIVOX
DEAL VALUED AT EURO 231.5 MILLION IN EQUITY VALUE
NEWCO TO ASSUME EURO 53.9 MILLION DEBTS AND EURO 13.7 MILLION LOAN TOWARDS VERIVOX
AGREED PRICE FOR TRANSACTION AND COUNTERVALUE OF THESE LAST TWO ASSIGNMENTS WILL BE SET-OFF AT CLOSING
DEAL INCLUDES EARN-OUT OF UP TO EUR 60 MILLION BASED ON 2025 RESULTS
UPON EXECUTION OF AGREEMENT, CLOSING EXPECTED LATER TODAY
VERIVOX IS A SUBSIDIARY OF PROSIEBEN
Further company coverage: MOL.MI
(Gdansk Newsroom)
((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))