Brief: Nixu Buys Danish Ezenta

Nixu Oyj

28/03/2019 10:13

March 28 (Reuters) - Nixu Oyj  NIXU.HE :
    * BUYS EZENTA A/S IN DENMARK
    * WILL PAY PURCHASE PRICE EUR 5.25 MILLION IN CASH AND
RELEASE 84
950 NEW SHARES TO SELLERS
    * TRANSACTION IS ESTIMATED TO BE FINISHED BY BEGINNING OF
APRIL
    * ADDITIONAL PURCHASE PRICE UP TO EUR 2.0 MILLION TO BE PAID
IN
BEGINNING OF 2020 BASED ON PROFITABILITY TARGETS OF 2019
    * WILL TAKE NEW LOAN OF EUR 2.5 MILLION TO FINANCE
ACQUISITION
    * TO PROVIDE NEW ESTIMATES FOR 2019 ONCE PURCHASE IS CLOSED

Source text for Eikon:  ID:nWkr6ZkM8G 
Further company coverage:  NIXU.HE 

 (Gdynia Newsroom)
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