Brief: Fashionette AG Says Acquires Dutch Online Retailer Brandfield

Platform SE & Co KgaA

29/04/2021 21:08

April 29 (Reuters) - Fashionette AG  FSNT.DE :
    * DGAP-ADHOC: FASHIONETTE AG ACQUIRES DUTCH ONLINE RETAILER
BRANDFIELD
    * NET PURCHASE PRICE IS IN LOWER DOUBLE-DIGIT MLN EURO RANGE
    * CLOSING OF TRANSACTION IS SUBJECT TO A CONDITION
PRECEDENT,
WHICH IS EXPECTED TO OCCUR ON 1 JULY 2021 
    * FOR FINANCIAL YEAR 2020/21 ENDING 30 JUNE 2021, BRANDFIELD
EXPECTS NET REVENUES OF AROUND EUR 40 MLN AND A POSITIVE EBITDA 

Source text for Eikon:  ID:nEQbbhzQfa 
Further company coverage:  FSNT.DE 

 ((Reuters.Briefs@thomsonreuters.com;))