December 21, 2017 / 6:05 AM / 6 months ago

BRIEF-Lastminute.Com To Buy Comvel GmbH For EUR 12 Mln

Dec 21 (Reuters) - LASTMINUTE.COM:

* ANNOUNCES THE SIGNING OF A BINDING AGREEMENT TO ACQUIRE COMVEL GMBH TO EXPAND ITS BUSINESS IN GERMANY

* IMPACT ON GROUP EBITDA IS EXPECTED TO BE NEUTRAL

* WILL ACQUIRE 100% OF COMVEL GMBH CAPITAL WITH EFFECT 1ST JANUARY 2018

* TO BUY COMVEL FOR EUR12 MILLION, TO BE PAID IN CASH, EUR6 MILLION AT CLOSING DATE AND EUR6 MILLION THROUGHOUT 2019 Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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