GiG Software Plc / 888AFRICA
Completed · Confirmed by · Announced
Transaction
- Buyer
- GiG Software Plc
- Target
- 888AFRICA
- Stake
- 80% · GiG Software Plc
- Consideration
- €16.4m for 80%; €6.1m at close and €10.3m deferred · GiG Software Plc, GiG Software Plc
Remaining €10.3m is payable in instalments over ten months; it is deferred consideration rather than a separately disclosed contingent earn-out. · GiG Software Plc, GiG Software Plc
1 October is completion-confirmation date; no separate exact legal closing date is given in that release. · GiG Software Plc, GiG Software Plc
Timeline
- Confirmed by · Completed · GiG Software Plc
- · Announced · GiG Software Plc
Sources
- GiG Software Plc: GiG signs share purchase agreement for 888AFRICA ·
- GiG Software Plc: Completion of 888AFRICA acquisition ·
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