Announced
Financials
Sources
Tags
Friendly
Switzerland
E-commerce
Majority
Private
e-commerce solutions
Single Bidder
Cross Border
Acquisition
Pending
Synopsis
Allgeier, an IT service management company, agreed to acquire an 80% stake in MySign, an e-commerce service in Olten, Switzerland. Financial terms were not disclosed. The purchase price amounts to a single-digit million amount due at closing as well as a performance-based earn-out. The closing of the transaction is expected in the next three to four weeks.
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