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New Deal


Announced

Luokung Technology Corp acquired eMapgo for $119m.

Financials

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Transaction Value£97m
Consideration TypeCash, Ordinary Shares
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Pending

China

Acquisition

Friendly

Private

electronic map services

Digital Services

navigation systems

Single Bidder

Synopsis

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Luokung Technology Corp, one of the global leading spatial-temporal big-data processing technology companies, acquired eMapgo, one of the leading navigation electronic map service providers in China, for $119m. After the acquisition, EMG will continue to conduct its business activities independently and provide services to customers as a neutral mapping-company.

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