Brief: Zalaris ASA Acquires Ba.SE. GmbH To Strengthen Payroll And HR BPO For The Retail Industry

Zalaris ASA

19/05/2021 20:02

May 19 (Reuters) - Zalaris ASA  ZAL.OL :
    * ACQUIRES BA.SE. GMBH TO STRENGTHEN PAYROLL AND HR BPO FOR
THE
RETAIL INDUSTRY
    * TRANSACTION WILL BE FINANCED FROM AVAILABLE CASH, AND IS
EXPECTED TO BE ACCREDITIVE ALREADY IN 2021
    * PURCHASE PRICE CONSISTS OF AN UP-FRONT PAYMENT AND A
PERFORMANCE-BASED ELEMENT
    * TRANSACTION WILL CLOSE IN Q2 2021, BUT WILL HAVE KEY
MILESTONES
FOR PERFORMANCE DURING PERIOD 2021 TO 2023
    * FINANCIAL TERMS OF TRANSACTION ARE NOT DISCLOSED

Source text for Eikon:  ID:nWkr6q2tZY 
Further company coverage:  ZAL.OL 

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