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Brief: Moltiply Group SpA Announces Agreement To Acquire ProSieben Unit Verivox

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;))

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