Brief: Squirrel Media Acquires 75% Stake In Net TV And 100% Stake In Veralia Distribution

Squirrel Media SA

31/01/2022 16:56

Jan 31 (Reuters) - Squirrel Media SA  SQRL.MC :
    * ACQUIRES A 75% STAKE IN NET TV AND A 100% STAKE IN VERALIA
DISTRIBUTION
    * PURCHASE PRICE OF AFOREMENTIONED SHAREHOLDINGS WAS CLOSED
AT A
VALUE OF 22.36 MILLION EUROS
    * EXECUTION OF ACQUISITION AGREEMENT OF ALL SHARES THAT
VOCENTO
GROUP (55%) AND THE WALT DISNEY COMPANY (20%) HAD IN THE
MERCANTILE SOCIEDAD GESTORA DE TELEVISIÓN NET TV, AND
ACQUISITION OF ALL SHARES THAT GRUPO VOCENTO (100% ) HAD IN
DISTRIBUCIÓN DE CINE

Source text for Eikon:  ID:nCNM5Yt4JJ 
Further company coverage:  SQRL.MC 

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