Brief: WIIT Says Continues German Expansion With Acquisition Of Release 42; Transaction Value Of Approx. Eur 71 Mln

Wiit SpA

18/10/2021 21:03

Oct 18 (Reuters) - Wiit SpA  WIIT.MI :
    * WIIT CONTINUES GERMAN EXPANSION WITH ACQUISITION OF
RELEASE 42
TRANSACTION VALUE OF APPROX. EURO 71 MILLION
    * WIIT SPA -  AGREED THAT THE MANAGEMENT OF BOREUS AND GECKO
WILL
CONTINUE THEIR OPERATIONS IN  CONTINUITY WITH THE PAST 
    * WIIT SPA -   PRICE ESTABLISHED FOR THE ACQUISITION OF
GECKO
SHALL BE FULLY PAID IN CASH ON CLOSING

Source text for Eikon:  ID:nBIAjq34Q 
Further company coverage:  WIIT.MI 

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