Brief: Squirrel Media Acquires 51% Stake In BF Distribution

Squirrel Media SA

28/04/2022 16:49

April 28 (Reuters) - Squirrel Media SA  SQRL.MC :
    * ACQUIRES BF DISTRIBUTION TO BECOME LEADING FILM
DISTRIBUTION
GROUP IN LATIN AMERICA
    * BF GROUP IS ACQUIRED WITH CONTINUATION OF ENTIRE
ORGANISATIONAL
AND MANAGEMENT STRUCTURE
    * ACQUISITION TO BE FINANCED ENTIRELY FROM COMPANY'S OWN
FUNDS
    * SIGNS DEAL TO BUY 51% STAKE IN GRUPO COMERCIALIZADORA BF
SPA
KNOWN IN THE INDUSTRY AS BF DISTRIBUTION
    * IS CURRENTLY IN NEGOTIATIONS WITH THIRD PARTIES FOR
INTEGRATION
OF OTHER COMPANIES WITH SIMILAR CHARACTERISTICS

Source text for Eikon:  ID:nCNM5q68PN 
Further company coverage:  SQRL.MC 

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