Brief: Squirrel Media Buys 75% Of Net TV From Vocento And Walt Disney For 16.4 Mln Euros
22/12/2021 09:11
Dec 22 (Reuters) - Squirrel Media SA SQRL.MC :
* PRICE OF ACQUISITION OF 75% OF NET TV, CORRESPONDING TO
HOLDINGS
OF VOCENTO AND WALT DISNEY COMPANY, WAS FINALLY CLOSED FOR 16.4
MILLION EUROS
* COMPANY ESTIMATES THAT IT WILL AMORTISE THIS INVESTMENT
WITHIN
THREE AND A HALF YEARS
* ACQUISITION WILL BE FINANCED 49% BY SQUIRREL MEDIA'S OWN
FUNDS
AND 51% BY CAIXABANK
Source text for Eikon: ID:nCNM2TQCZD
Further company coverage: SQRL.MC
(Gdansk Newsroom)
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