Edition:
United Kingdom

Hypoport Agrees To Buy FIO Systems For Shares And Cash


Wednesday, 25 Apr 2018 

April 25 (Reuters) - Hypoport AG ::DGAP-ADHOC: HYPOPORT AG: HYPOPORT AG SIGNS AGREEMENT TO ACQUIRE ALL SHARES IN FIO SYSTEMS AG AND DECIDES ON A NON-CASH CAPITAL INCREASE.CONSIDERATION TO BE PAID TO SHAREHOLDERS OF FIO SYSTEMS AG IS MADE UP OF A SHARE COMPONENT AND A CASH COMPONENT.TO ISSUE 298,418 NEW SHARES IN HYPOPORT AG IN RETURN FOR NON-CASH CONTRIBUTIONS.NOW ANTICIPATES REVENUE OF EUR230-250 MILLION AND EARNINGS BEFORE INTEREST AND TAX (EBIT) OF EUR28-33 MILLION FOR HYPOPORT GROUP IN 2018.WILL PAY AROUND EUR24 MILLION AS A CASH COMPONENT. 

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18 Sep 2018