Brief: Neosperience To Acquire 51% Of Myti

Neosperience SpA

29/10/2020 17:32

Oct 29 (Reuters) - Neosperience SpA  NSP.MI :
    * TO ACQUIRE 51% OF MYTI
    * ACQUISITION OF MYTI WILL ADD EUR 2 MILLION IN REVENUES
    * TO REACH EBITDA MARGIN OF ABOUT 20% AFTER ACQUISITION OF
MYTI
    * PRICE OF ACQUISITION OF 51% OF MYTI AMOUNTS TO EUR 700,000
    * HAS OPTION TO BUY REMAINING 49% BY 2024 TO BE PAID IN KIND

Source text for Eikon:  urn:newsml:reuters.com:*:nBIA4KDvbh
Further company coverage:  NSP.MI 

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