Brief: Trade Window Announced Conditional Agreement To Acquire Business And Assets Of Rfider

Trade Window Holdings

17/05/2022 02:42

May 17 (Reuters) - Trade Window Holdings Ltd  TWL.NZ :
    * ANNOUNCED A CONDITIONAL AGREEMENT TO ACQUIRE BUSINESS AND
ASSETS
OF RFIDER LIMITED
    * DEAL FOR MAXIMUM PURCHASE PRICE IS NZ$10 MILLION
    * FINAL PURCHASE PRICE WILL BE PROPORTIONAL TO ACHIEVEMENT
OF AN
AGGREGATE NZ$4.22 MILLION IN REVENUE OVER TWO YEAR PERIOD
    * DEAL WILL BE FUNDED WITH AN INITIAL PAYMENT OF NZ$2.5
MILLION IN
CASH AND BALANCE IN TRADEWINDOW SHARES IN TWO TRANCHES

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Further company coverage:  TWL.NZ