May 3, 2018 / 6:53 AM / 22 days ago

BRIEF-Charles Taylor Says To Acquire Insurance Technology Business In Latin America

May 3 (Reuters) - Charles Taylor PLC:

* AGREEMENT TO ACQUIRE INSURANCE TECHNOLOGY BUSINESS IN LATIN AMERICA, INWORX

* INITIAL CONSIDERATION PAYABLE BY CHARLES TAYLOR PURSUANT TO INWORX ACQUISITION WILL BE US$22.5 MILLION

* MAXIMUM CONSIDERATION (INCLUDING PERFORMANCE-RELATED DEFERRED CONSIDERATION) WILL BE US$50.5 MILLION. Source text for Eikon: Further company coverage:

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