Brief: Yolo Group Signs Deal To Buy Kalibo Correduría De Seguros

Yolo SpA

20/06/2024 17:08

June 20 (Reuters) - Yolo Group SpA  YOLO.MI :
    * SIGNS DEAL TO BUY KALIBO CORREDURÍA DE SEGUROS
    * ACQUISITION TO BE CARRIED OUT IN TWO TRANCHES
    * IN FIRST TRANCHE YOLO TO PAY A MAX OF EUR 3.7 MILLION FOR
51% OF
KALIBO SHARES
    * ACQUISITION OF REMAINING 49% STAKE TO BE CARRIED OUT BY
2027 OR
2028, PRICE TO BE CALCULATED BASED ON EBITDA AT THE TIME

Further company coverage:  YOLO.MI 

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