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United Kingdom

Amplifon SpA Says Amplifon Acquire Gaes Group


Tuesday, 24 Jul 2018 

July 24 (Reuters) - Amplifon SpA ::SAYS AMPLIFON ACQUIRE GAES GROUP.DEAL EQUITY VALUE TO BE PAID IN CASH AMOUNTS TO EURO 528 MILLION, WITH A NET FINANCIAL POSITION EXPECTED TO BE AROUND ZERO.SAYS DEAL WILL BE FINANCED WITH A NEW FINANCING FACILITY RESULTING IN A PRO-FORMA NET DEBT/EBITDA OF 3.4X.SAYS AMPLIFON WILL FINANCE ACQUISITION WITH A NEW BANK FINANCING FULLY UNDERWRITTEN BY UNICREDIT S.P.A.. 

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