CCC to take over eobuwie.pl
11:54
Footwear producer CCC has signed a conditional deal with shareholders at Eobuwie.pl, purchasing 74.99 percent of the web portal's shares with the right to acquire the rest of the holding, the Polish Press Agency.
The first tranche will be valued at nearly PLN 130 million. The price of the second tranche will be up to Eobuwie.pl's EBITDA recorded in 2018.
Completion of the first transaction is expected to take place by January 29, 2016.
Eobuwie.pl is an e-store offering footwear and accessories.