Azimut To Acquire 100% Ownership Of Kennedy Capital Management

By Reuters News

Sept 21 (Reuters) - Azimut Holding S.p.A. AZMT.MI:

  • TRANSACTION SUBJECT TO CUSTOMARY CLOSING CONDITIONS AND CERTAIN EARN-OUT MECHANISMS (ADDS DROPPED WORDS)

  • AZIMUT TO ACQUIRE 100% OWNERSHIP OF KENNEDY CAPITAL MANAGEMENT

  • TO PURCHASE REMAINING 49% OF KCM IN CASH; DEAL EXPECTED TO CLOSE LATER THIS YEAR

Further company coverage: AZMT.MI

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