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BRIEF-Sanne Group announces ‍acquisition of Luxembourg Investment Solutions​
September 29, 2017 / 6:31 AM / in 19 days

BRIEF-Sanne Group announces ‍acquisition of Luxembourg Investment Solutions​

Sept 29 (Reuters) - SANNE GROUP PLC:

* SAYS ‍ACQUISITION OF LUXEMBOURG INVESTMENT SOLUTIONS S.A. (LIS) AND COMPLIANCE PARTNERS S.A. (CP) ​

* SAYS ‍SIGNING OF INCREASE IN REVOLVING CREDIT FACILITY (“RCF”) TAKING TOTAL FACILITIES TO £90 MILLION​

* ‍INITIAL ACQUISITION VALUE PAYABLE OF CIRCA EUR 55 MILLION SPLIT APPROXIMATELY 36% IN NEW SANNE SHARES AND BALANCE IN CASH​ Source text for Eikon: Further company coverage: (Bangalore.newsroom@thomsonreuters.com)

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