Brief: TXT e-solutions Buys 100% of Mac Solutions

TXT e Solutions SpA

13/07/2020 17:29

July 13 - TXT e-solutions SpA  TXTS.MI :
    * FINALIZES ACQUISITION OF 100% OF MAC SOLUTIONS
    * CONSIDERATION IS EQUAL TO CHF 5.4 MLN, PAID IN CASH ON
CLOSING
USING AVAILABLE CASH
    * CONSIDERATION SHALL BE INCREASED BY FURTHER PAYMENTS IN
CASH
BASED ON NET FINANCIAL POSITION OF MAC SOLUTIONS
    * MAC SOLUTIONS IS SWISS FINTECH COMPANY FOR BANKING MARKETS

    
 Source text for Eikon:  urn:newsml:reuters.com:*:nBIA7YnWkb
    
 Further company coverage:  TXTS.MI