Brief: Swoop Holdings Says Agreement To Acquire National Mobile Virtual Network Operator Moose Mobile
01/07/2022 02:39
July 1 (Reuters) - Swoop Holdings SWP.AX :
* ENTERED INTO AGREEMENT TO ACQUIRE QUEENSLAND-BASED
NATIONAL
MOBILE VIRTUAL NETWORK OPERATOR MOOSE MOBILE
* PURCHASE PRICE PAYABLE AT COMPLETION IS A$24 MILLION
* AN EARN OUT OF UP TO A$7 MILLION IS PAYABLE BASED ON
MOOSE'S
FY2023 AND FY2024 EBITDA PERFORMANCE AND SERVICES IN OPERATION
GROWTH
Source text for Eikon: ID:nASXzvBcv
Further company coverage: SWP.AX
((Reuters.Briefs@thomsonreuters.com;))
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