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BRIEF-Azimut Holding unit to acquire entire capital of Logiro Unchartered Pty Ltd
July 29, 2016 / 12:56 PM / a year ago

BRIEF-Azimut Holding unit to acquire entire capital of Logiro Unchartered Pty Ltd

July 29 (Reuters) - Azimut Holding SpA :

* Unit AZ Next Generation Advisory to acquire entire capital of Logiro Unchartered Pty Ltd

* The agreement includes a share swap of 49 percent of Logiro’s equity for AZ NGA shares and a progressive buy back of these shares over the next ten years

* The remaining 51 percent stake will be paid to the founding partner in cash over a period of two years

* Total value of transaction considering both cash and share swap entails a purchase price of around 2.9 million euros Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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