Brief: SG Company To Buy 80 Pct Of Double

SG SB SpA

06/05/2019 17:47

May 6 (Reuters) - SG Company SpA  SGCO.MI :
    * BUYS 80 PCT OF DOUBLE, VIDEO PRODUCER WITH FOCUS ON B2C
    * EQUITY VALUE OF 80 PCT OF DOUBLE IS ESTIMATED AT AROUND
EUR
32,500 AND WILL BE PAID IN CASH
    * AGREEMENT ENVISAGES PUT AND CALL OPTION WHICH ALLOWS FOR
ACQUISITION OF REMAINING 20 PCT BY 2021-END

    
 Source text: https://bit.ly/2VOICTO
    
 Further company coverage:  SGCO.MI  
   


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