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BRIEF-Swift Networks Group executed agreement to purchase Video on Demand
July 6, 2017 / 2:01 AM / 4 months ago

BRIEF-Swift Networks Group executed agreement to purchase Video on Demand

July 6 (Reuters) - Swift Networks Group Ltd

* Entered into a binding share purchase agreement for acquisition of VOD Pty Ltd and its parent Movie Source Pty Ltd

* Says total of $7.5 million raised (before costs) to fund acquisition and to provide working capital

* Will pay to the shareholders of Movie Source a consideration totalling $6 million Source text for Eikon: Further company coverage:

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