BRIEF-Theon Enters Binding Terms To Buy 80% Stake In Merio

May 4 (Reuters) - Theon International Plc THEON.AS:

  • THEON ENTERS INTO BINDING TERMS/ EXCLUSIVITY AGREEMENT FOR THE ACQUISITION OF MERIO

  • THEON INTERNATIONAL PLC - ENTERS BINDING TERMS TO BUY 80% STAKE IN MERIO

  • THEON INTERNATIONAL PLC: DEAL WILL BE FINANCED THROUGH COMBINATION OF DEBT AND INTERNALLY GENERATED CASH

  • THEON INTERNATIONAL PLC: TO ACQUIRE 80% OF MERIO AT AN ACCRETIVE EBIT MULTIPLE

Source text: ID:nGNX6WCdg9

Further company coverage: THEON.AS


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