Brief: Wirtualna Polska Holding To Buy Extradom For 75 Mln Zlotys

Wirtualna Polska Holding SA

29/10/2018 14:08

Oct 29 (Reuters) - WIRTUALNA POLSKA HOLDING SA  WPPL.WA :
    * SIGNS AGREEMENT WITH ASP CAPITAL TO BUY 100 PERCENT IN
EXTRADOM.PL SP. Z O.O.
    * TOTAL PRICE OF SHARES IS 75 MILLION ZLOTYS, TO BE PAID IN
INSTALMENTS
    * SAYS THE TRANSACTION WILL "SIGNIFICANTLY" STRENGTHEN THE
GROUP'S
POSITION IN AREA OF ​​E-COMMERCE IN HOME AND INTERIOR CATEGORIES
    * EXTRADOM IS THE MARKET LEADER IN SALE OF ARCHITECTURAL
PROJECTS
ONLINE
    * SAYS EXTRADOM'S ESTIMATED 2018 NORMALISED EBITDA IS 6.3
MLN
ZLOTYS ON ESTIMATED 2018 REVENUE OF 35.7 MLN ZLOTYS

Source text for Eikon:  ID:nEMbF64kpa 
Further company coverage:  WPPL.WA 

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