Brief: Solocal Sells QDQ Media To AS Equity Partners

Solocal SE

02/03/2020 06:13

March 2 (Reuters) - SOLOCAL GROUP SA  LOCAL.PA :
    * ANNOUNCES SALE OF QDQ MEDIA TO AS EQUITY PARTNERS
    * TRANSACTION PROCEEDS WILL NOT HAVE ANY SIGNIFICANT IMPACT
ON
SOLOCAL CASH POSITION AND INDEBTEDNESS
    * DIVESTITURE IS FULLY IN LINE WITH SOLOCAL 2020 STRATEGIC
PLAN
    * 2020 FINANCIAL OBJECTIVES PREVIOUSLY ANNOUNCED BY SOLOCAL
REMAIN
UNCHANGED

Source text: https://bit.ly/389a8gY
Further company coverage:  LOCAL.PA 

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