ITV will pay an initial cash consideration and further capped cash payments contingent on Big Talk’s future performance. The initial cash consideration will be dependent on the 2012/13 financial performance and is expected to be in the region of £12.5m. The further capped cash payments are payable on the delivery of significant profit growth over the next five years. The multiple paid is similar to the range paid on our previous acquisitions.
The Bulgarian company Smart Factory, manufacturer and supplier of smart metering kits, participates in the largest energy exhibition Enlit Europe...Read more