Brief: Tinexta Buys Plannet Through Unit Warrant Hub For EUR 6.5 Mln

Tinexta SpA

21/06/2022 14:48

June 21 (Reuters) - Tinexta SpA  TNXT.MI :
    * THROUGH UNIT WARRANT HUB, GROUP BUYS PLANNET
    * THROUGH ACQUISITION, TINEXTA GROUP GROWS IN DIGITAL
MANUFACTURING WITH A  VIEW TO SMART INDUSTRY 4.0
    * CONSIDERATION ON BASIS OF AN ENTERPRISE VALUE OF EUR 6.5
MILLION, PLUS ADJUSTED NFP,  PAID WITH GROUP'S EXISTING CASH
    * TRANSACTION ALSO PROVIDES FOR PAYMENT OF AN EARN-OUT 
CALCULATED
ON BASIS OF  2024 RESULTS

Further company coverage:  TNXT.MI 

 (Reporting by Gdansk Newsroom)
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