Extract from M&A Insights

The below story was originally featured in our daily M&A Insights Newsletter. Selected stories, including this one, are posted to our website with some weeks of delay.
Catena Media to purchase ASAP Italia for EUR 16m
June 29, 2018

Catena Media has agreed on a deal to acquire sports news and lead-generator ASAP Italia for EUR 16m. In addition, Catena could make an earn-out payment of up to EUR 6m, based on the revenue performance of the business over a period of one year. Catena said the acquisition will allow the company to take a “major stake in the Italian market”, with ASAP Italia generating monthly revenues of approximately EUR 300,000.

ⓘ This story was originally featured in our daily M&A Insights newsletter.
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