Brief: SG Company SB Signs Deal To Acquire 51% Of Eurotarget Group's Share Capital For Over €2 Mln

SG SB SpA

24/06/2026 06:16

June 24 (Reuters) - SG Company SB SpA SGCO.MI:
SAID ON TUESDAY IT HAD SIGNED BINDING AGREEMENT TO ACQUIRE 51% OF EUROTARGET GROUP'S SHARE CAPITAL
CLOSING EXPECTED BY JUNE 30, 2026
PRICE OF TRANSACTION SET FOR EUR 2.04 MLN, DIVIDED INTO THREE TRANCHES
DEAL INCLUDES EARN-OUT CLAUSE BASED ON AVERAGE CONSOLIDATED EBITDA RESULTS OF EUROTARGET IN 2026, 2027 AND 2028
DEAL TO BE PARTIALLY FINANCED WITH GROUP'S OWN RESOURCES AND PARTIALLY WITH BANK FINANCING WITH DURATION OF 5 YEARS

 Further company coverage: SGCO.MI 

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