Boohoo Group has announced the acquisition of the remaining 34% of shares in prettylittlething.com (‘PLT’).
- Terms of the deal: Boohoo Group has acquired the remaining 34% of shares in PLT for initial consideration of £269.8m, comprising cash consideration of £161.9m and share consideration of £108.0 including £54m of share consideration subject to an 18 month lock-up, £54m of share consideration subject to a 24 month lock-up payable on completion. A further £54.0m of contingent consideration ....
28 May 2020
Boohoo Group Plc (BOO LN) - Acquisition of PLT Minority
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Boohoo Group Plc (BOO LN) - Acquisition of PLT Minority
boohoo group Plc (BOO:LON) | 33.6 0 (-0.3%) | Mkt Cap: 426.8m
- Published:
28 May 2020 -
Author:
Rachel Birkett, CFA -
Pages:
10
Boohoo Group has announced the acquisition of the remaining 34% of shares in prettylittlething.com (‘PLT’).
- Terms of the deal: Boohoo Group has acquired the remaining 34% of shares in PLT for initial consideration of £269.8m, comprising cash consideration of £161.9m and share consideration of £108.0 including £54m of share consideration subject to an 18 month lock-up, £54m of share consideration subject to a 24 month lock-up payable on completion. A further £54.0m of contingent consideration ....