Brief: Novabase Sells Its Government, Transport and Energy Business To Vinci Energies For 33 Mln Euros

Novabase SGPS SA

05/11/2019 06:20

Nov 5 (Reuters) - Novabase SGPS SA  NBA.LS :  
    * SAID ON MONDAY, ENTERED INTO AGREEMENT TO SELL ITS
"APPLICATION
AND DATA ANALYTICS" BUSINESS FOR GOVERNMENT, TRANSPORT AND
ENERGY ("GTE BUSINESS") TO VINCI ENERGIES PORTUGAL
    * THE AGREED PRICE IS 33 MILLION EUROS TO PAID ON COMPETION
DATE
    * MAY BE ADDED A POTENTIAL EARN-OUT OF 3 MILLION EUROS,
DEPENDING
ON THE FINAL PERFORMANCE OF GTE BUSINESS IN FY 2019

    
 Source text: https://bit.ly/2NflN6A
    
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