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BRIEF-Azimut ‍through AZ NGA acquires Dunsford Financial Planning in Australia​
November 13, 2017 / 8:04 AM / a month ago

BRIEF-Azimut ‍through AZ NGA acquires Dunsford Financial Planning in Australia​

Nov 13 (Reuters) - AZIMUT

* SAYS ‍THROUGH AZ NGA, ACQUIRES DUNSFORD FINANCIAL PLANNING IN AUSTRALIA​

* SAYS ‍AGREEMENT INCLUDES A SHARE SWAP OF 49% OF DUNSFORD FINANCIAL PLANNING‘S EQUITY FOR AZ NGA SHARES

* SAYS ‍SHARE SWAP IS FOLLOWED BY PROGRESSIVE BUY BACK OF THESE SHARES OVER THE NEXT 10 YEARS

* SAYS ‍REMAINING 51% STAKE WILL BE PAID TO FOUNDING PARTNERS IN CASH OVER A PERIOD OF TWO YEARS​ Source text for Eikon:

Further company coverage: (Gdynia Newsroom)

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