Brief: Xponential Fitness To Acquire Lindora

Xponential Fitness

04/12/2023 14:18

Dec 4 (Reuters) - Xponential Fitness Inc  XPOF.N :
    * XPONENTIAL FITNESS, INC. AGREES TO ACQUIRE LINDORA AND
FURTHER
SOLIDIFIES HOLISTIC APPROACH TO HEALTH AND WELLNESS
    * XPONENTIAL FITNESS INC - XPONENTIAL WILL ACQUIRE ALL OF
INTELLECTUAL PROPERTY OF LINDORA AND PLANS TO FRANCHISE BRAND
NATIONALLY AND GLOBALLY
    * XPONENTIAL FITNESS - ACQUISITION IS ANTICIPATED TO BE
IMMEDIATELY ACCRETIVE ON BOTH AN AUV AND AN ADJUSTED EBITDA
BASIS
    * XPONENTIAL FITNESS INC - UNDER TERMS OF TRANSACTION, 31
EXISTING
LINDORA CLINICS WILL BECOME XPONENTIAL FRANCHISE LOCATIONS

Source text for Eikon:  ID:nBw3xmLpDa 
Further company coverage:  XPOF.N 

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