BBGI SICAV S.A - Acquisition
Acquisition of a further interest in
KVH consists of a
The asset revenues are availability-based in accordance with the investment policy of the Company. The concession runs until 2042 and availability payments are received from the
The contractual arrangements between the parties require that the exact purchase price be held confidential but can be confirmed to be less than
The cash consideration for KVH was funded from the Company's existing cash resources and debt facilities.
For further information, please contact:
BBGI Management Team +352 263 479-1
BBGI is a
Further information about BBGI is available on its website at www.bb-gi.com*.
The Company's LEI is LEI: 529900CV0RWCOP5YHK95
Any reference to the Company or BBGI refers also to its subsidiaries (where applicable).
* Neither the Company's website nor the content of any website accessible from hyperlinks on its website (or any other website) is (or is deemed to be) incorporated into, or forms (or is deemed to form) part of this announcement.
This information is provided by RNS, the news service of the
Quick facts: BBGI
Market Cap: £10.87 m
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