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VTECH HOLDINGS(00303.HK)完成收购GigasetCommunications GmbH资产

VTECH HOLDINGS (00303.HK) completes acquisition of GigaSetCommunications GmbH assets

Gelonghui Finance ·  Apr 5 07:16

Gelonghui, April 5 | VTECH HOLDINGS (00303.HK) announced that with respect to the acquisition of GigaSetCommunications GmbH assets, all delivery conditions for the acquisition specified in the asset acquisition agreement have been met and the settlement will be carried out on April 5, 2024. After an actual inventory of all fixed assets and inventory, as well as a preliminary assessment of liabilities, it was agreed that the initial purchase price should be approximately €27.5 million. At the time of delivery, €21 million had been paid to the seller in accordance with the asset purchase agreement. The final price will be adjusted based on the amount of assets and liabilities determined after delivery.

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