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BRIEF-CLX Communications buys Dialogue Group
May 10, 2017 / 2:13 PM / 7 months ago

BRIEF-CLX Communications buys Dialogue Group

May 10 (Reuters) - CLX COMMUNICATIONS AB (PUBL)

* REG-CLX COMMUNICATIONS AB (PUBL): CLX ACQUIRES DIALOGUE GROUP LTD.

* CLX IS ACQUIRING DIALOGUE GROUP LTD. AT A PRICE OF GBP 32 MILLION ON A CASH- AND DEBT FREE BASIS

* PURCHASE PRICE IS EQUIVALENT TO 6.1 X EBITDA, BASED ON EBITDA FOR TWELWE MONTH PERIOD ENDING FEBRUARY 2017

* PURCHASE PRICE IS BEING PAID IN CASH AND CLX HAS SECURED FINANCING THROUGH A CREDIT FACILITY PROVIDED BY SVENSKA HANDELSBANKEN AND DANSKE BANK Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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