Brief: Giglio Group Signs Binding Deal To Buy 100% Of Salotto Brera - Duty Free

Ops Ecom SpA

12/01/2021 06:29

Jan 12 (Reuters) - Giglio Group SpA  GGTV.MI :
    * SIGNS BINDING AGREEMENT FOR ACQUISITION OF WHOLE SHARE
CAPITAL
OF SALOTTO BRERA - DUTY FREE S.R.L.
    * DEAL FOR EUR 1,175,000 INCLUDING POSITIVE NFP OF OVER EUR
450,000 AND TOTAL EARN-OUT OF EUR 200,000 TO BE DETERMINED ON
BASIS OF EBITDA RECORDED OVER COURSE OF NEXT TWO FISCAL YEARS

Source text for Eikon:  ID:nBIA2rJ54d 
Further company coverage:  GGTV.MI 

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