Tinexta, completed the closing of the 95% sale of ReValuta

Tinexta completed the closing of the 95 sale of ReValuta

(Tiper Stock Exchange) – Tinextaa leading company in Digital Trust, Cybersecurity and Business Innovation services, today completed the transfer to CRIF of 95% of the share capital of Re Valore for a consideration of Euro 48.2 million.

The equity value was determined on the basis of an enterprise value of Re Valuation of Euro 46 million, adjusted for the estimated net financial position at closing.

The parties have agreed on a review of the enterprise value of Euro 4 million in consideration of the deterioration of the macro-economic conditions, which occurred and consolidated after the conclusion of the original agreements.

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