Transactions by ECONOCOM GROUP (ECONB) in the last 6 months

Econocom Group (ENXTBR:ECONB) made an offer to acquire 55.45% stake in Osiatis SA (ENXTPA:OSA) from Walter Butler, Robert Aydabirian, Jean-Maurice Fritsch and Bruno Grossi for €85.4 million on April 19, 2013. Under the terms of the transaction, Econocom would buy one Osiatis share for one Econocom share and pay an extra cash balance of €4 for each share. The offer is subject to regulatory authorisation, the conditions precedent of the limited review of Osiatis’ accounts ... in parallel to Osiatis’ limited review of Econocom’s accounts and a favourable opinion from the competition authorities. The deal is expected to complete by August 2013. Econocom Group Management expects the transaction to be accretive as early as in 2014, for both recurring operating profit and earnings per share. Stéphanie Stahr of CM-CIC Issuer acted as public relations advisor to Osiatis.
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Econocom Group (ENXTBR:ECONB) acquired Exaprobe SAS from Devoteam SA on February 21, 2013. Exaprobe SAS reported a turnover of €16 million in 2012. Christian Berling and Dimitri Borchtch of Eight Advisory acted as financial advisors to Econocom Group.

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