May 13 (Reuters) - Tobii Dynavox AB TDVOX.ST : TOBII DYNAVOX...

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    May 13 (Reuters) - Tobii Dynavox AB TDVOX.ST :

    • TOBII DYNAVOX ENTERS INTO AN AGREEMENT TO ACQUIRE LINK ASSISTIVE, GAINING DIRECT PRESENCE IN AUSTRALIA AND NEW ZEALAND
    • TRANSACTION IS EXPECTED TO BE COMPLETED DURING SECOND HALF OF 2024
    • UPFRONT CONSIDERATION OF AU$8 MILLION WILL BE PAID IN CASH AND FINANCED WITH TOBII DYNAVOX'S OWN CASH BUT MAINLY THROUGH AN EXISTING REVOLVING CREDIT FACILITY
    • POTENTIAL EARN-OUT CONSIDERATION OF UP TO AU$5 MILLION IN CASH MAY BE PAID TO SELLER BASED ON FINANCIAL PERFORMANCE DURING A PERIOD OF TWO YEARS AFTER COMPLETION OF TRANSACTION
 
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