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BRIEF-Masmovil Ibercom completes acquisition of NEO for 27.1 mln euros
May 15, 2015 / 6:21 AM / 2 years ago

BRIEF-Masmovil Ibercom completes acquisition of NEO for 27.1 mln euros

May 15 (Reuters) - Masmovil Ibercom SA :

* Completes acquisition of 100 percent of NEO for 27.1 million euros ($30.8 million)paid in cash and shares

* Expects to issue 195,000 shares in 2016 and 2018 to make deferred payment in shares for acquisition of EMBOU and EBESIS Source text: bit.ly/1Fc19IX

Further company coverage: ($1 = 0.8787 euros) (Gdynia Newsroom)

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