Brief: Shoper Signs Deal On Purchase Of 100% Stake In Sempire Europe

Shoper SA

26/05/2022 08:15

May 26 (Reuters) - Shoper SA  SHO1.WA :
    * SIGNS DEAL ON PURCHASE OF 100% STAKE IN  SEMPIRE EUROPE
    * BUYS 60% STAKE IN SEMPIRE EUROPE FOR 15.0 MILLION ZLOTYS
    * COMPANY TO BUY REMAINING 40% OF STAKE WITHIN 3 YEARS FROM
SIGNING SAID DEAL FOR 15.0-30.0 MILLION ZLOTYS
    * FINAL PRICE FOR 2ND TRANCHE OF STAKE DEPENDS ON EARN-OUT
    * PURCHASE OF 60% STAKE IN SEMPIRE TO BE FINANCED FROM OWN
FUNDS
    * PLANS TO REFINANCE PURCHASE OF 1ST TRANCHE VIA BANK LOAN
    * SEMPIRE OFFERS SEO SERVICES

Source text for Eikon:  ID:nEM509BrRa 
Further company coverage:  SHO1.WA 

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