Brief: NNIT Buys Swiss-Based Halfmann Goetsch Partner

Nnit A/S

24/04/2019 08:37

April 24 (Reuters) - NNIT A/S  NNIT.CO :
    * REG-NNIT A/S: 6/2019 NNIT ACQUIRES SWISS-BASED LIFE
SCIENCES
CONSULTANCY BUSINESS AND STRENGTHENS EUROPEAN LIFE SCIENCES
PRESENCE
    * CLOSED AN AGREEMENT TO ACQUIRE HALFMANN GOETSCH PARTNER AG
    * WILL ACQUIRE 100% OF SHARES OF HALFMANN GOETSCH PARTNER AG
FOR
AN UPFRONT PAYMENT OF CHF 8.55 MILLION.
    * AGREEMENT CONSISTS OF AN EARN-OUT ELEMENT BEING REALIZED
UNTIL
END OF MARCH 2022
    * WILL FINANCE ACQUISITION THROUGH ITS OPERATING CASH FLOWS
AND
EXISTING CREDIT FACILITIES.

Source text for Eikon:  ID:nGNE6YkNcN 
Further company coverage:  NNIT.CO 

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