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18 days ago
CORRECTED-BRIEF-Link Mobility Group signs term sheet regarding acquisition of Voicecom in Bulgaria (June 30)
June 30, 2017 / 2:37 PM / 18 days ago

CORRECTED-BRIEF-Link Mobility Group signs term sheet regarding acquisition of Voicecom in Bulgaria (June 30)

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(Corrects brief from June 30. Corrects enterprise value of transaction to 3.83 million euros from 3.83 billion euros in the fourth bullet.)

July 3(Reuters) - LINK MOBILITY GROUP ASA

* LINK MOBILITY GROUP ASA SIGNS TERM SHEET REGARDING ACQUISITION OF VOICECOM IN BULGARIA

* ENTERED INTO A TERM SHEET REGARDING ACQUISITION OF BULGARIAN MOBILE MESSAGING COMPANY VOICECOM AD

* Transaction Is Expected to Close During October 2017

* AGREED ENTERPRISE VALUE OF TRANSACTION IS EUR 3.83 MILLION, ON CASH-FREE AND DEBT-FREE BASIS AND ASSUMING NORMALIZED LEVEL OF WORKING CAPITAL

* LINK INTENDS TO ACQUIRE ALL SHARES IN VOICECOM FROM SELLERS Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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