Ten Alps has signed heads of terms to acquire a small corporate video and storytelling business which specialises in making videos for blue chip corporate organisations. This acquisition will help scale the existing corporate communications and content marketing business that we expect to grow rapidly. The Company expects the investment to be earnings enhancing in the first full year following acquisition. More details will be announced in due course and the acquisition is expected to complete b ....

08 Feb 2016
Proposed acquisition and loan agreement

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Proposed acquisition and loan agreement
Zinc Media Group plc (ZIN:LON) | 68.5 0 0.0% | Mkt Cap: 16.9m
- Published:
08 Feb 2016 -
Author:
Singer CM Team -
Pages:
3 -
Ten Alps has signed heads of terms to acquire a small corporate video and storytelling business which specialises in making videos for blue chip corporate organisations. This acquisition will help scale the existing corporate communications and content marketing business that we expect to grow rapidly. The Company expects the investment to be earnings enhancing in the first full year following acquisition. More details will be announced in due course and the acquisition is expected to complete b ....