Agile Content, S.A. cancelled the acquisition of Adman Interactive, S.L.
September 11, 2017
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Agile Content, S.A. (BME:AGIL) signed a letter of intent to acquire Adman Interactive, S.L. for €4.1 million on September 12, 2016. The deal also includes the other companies of Adman Interactive in France, Colombia, Mexico, Brazil and the United Sates. The payment to be made partly in cash and the rest in the shares of Agile Content. The deal value will be paid in two tranches, with an initial tranche of €4.1 million and the second tranche will be for around €4 million, depending on the results of Adman between 2017 and 2019.
Agile Content, S.A. (BME:AGIL) cancelled the acquisition of Adman Interactive, S.L. on September 12, 2017.
Agile Content SA is a Spain-based company primarily engaged in the provision of information technology (IT) services. The Company focuses on the development, distribution and promotion of IT platforms used in the production and editing of audiovisual, online and digital content, as well as in the provision of Web content management (WCM) services. Its solutions range comprises services and tools for audience resource management, multimedia editorial systems, smart publishing systems, smart delivery systems, and rich media experience, among others. The Companyâs customers include RBS Group, RTVE, el Periodico, Estadao, and el Universal, among others. Moreover, the Company has operation established in a number of regions, such as Latin America, North America, Europe, the Middle East and Asia.