Brief: Omniq Enters Into A Definitive Agreement To Acquire Tadiran Telecom

Omniq

10/07/2023 13:55

July 10 (Reuters) - Omniq Corp  OMQS.O :
    * OMNIQ ENTERS INTO A DEFINITIVE AGREEMENT TO ACQUIRE
TADIRAN
TELECOM A GLOBAL LEADER IN UNIFIED COMMUNICATIONS AND
COLLABORATIVE (UC&C) SOLUTIONS
    * OMNIQ CORP - COMPANY WILL PAY A TOTAL OF $15.25 MILLION
FOR 100%
OF TADIRAN
    * OMNIQ CORP - DEAL EXPECTED TO BE FINANCED WITH TRADITIONAL
DEBT
    * OMNIQ CORP - $2.75 MILLION OF CONSIDERATION WILL BE PAID
IN FORM
OF RESTRICTED NON-DISCOUNTED COMMON STOCK

Source text for Eikon:  ID:nGNX96RcWv 
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