BRUSSELS (Thomson Financial) - The European Commission said the deadline for
its inquiry into IT products distributor Tech Data Corporation's proposed
acquisition of certain Scribona AB assets is set for April 28.
The assets being acquired include inventory, some intellectual property,
material contracts, customer list, office equipment, and other assets required
for the operation of the business.
Tech Data will pay net asset value, as agreed between the parties, plus a
premium for Scribona's operational assets of 13.5-16.5 mln eur.
nina.chestney@thomson.com
nc/slm
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