Brief: Team Says Acquisition Of Neba Businesses

Team

12/12/2023 07:26

Dec 12 (Reuters) - Team PLC  TEAMT.L :
    * ACQUISITION OF NEBA BUSINESSES
    * ACQUIRED ENTIRE ISSUED SHARE CAPITAL OF NEBA FINANCIAL
SOLUTIONS
LIMITED, NEBA FINANCIAL SOLUTIONS PRIVATE LIMITED
    * INITIAL CONSIDERATION WILL BE SATISFIED BY ISSUE BY
COMPANY OF A
NIL COUPON CONVERTIBLE LOAN NOTE WITH A VALUE OF £1.1 81MILLION

Source text for Eikon:  ID:nRSL3816Wa 
Further company coverage:  TEAMT.L 

 ((Reuters.Briefs@thomsonreuters.com;))