CCC to pay extra PLN 100 mln for eObuwie
11:23
Footwear producer CCC will pay another PLN 100.7 mln for a 74.99 percent stake in online store eObuwie.pl after it posted a PLN 26.33 mln EBITDA in 2015, the company reports.
Earlier in August, CCC purchased web footwear retailer eObuwie for PLN 130 mln, so the final price of the acquired stake in total equals PLN 230.66 mln.
Furthermore, the final price may increase to PLN 235.66 mln, since CCC agreed to pay a condiitonal consideration of PLN 5 million.
CCC is the largest footwear retailer and one of the biggest shoe producers in Poland. It has been traded on the stock exchange since 2004.
eObuwie.pl is an e-store offering footwear and accessories.
