Betterware de Mexico S.A.B. de C.V.

NASDAQ:BWMX   1:53:16 PM EDT
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Other Pre-Announcement, Mergers / Acquisitions

Betterware De México Acquires 60% Of Gurúcomm

Published: 03/22/2021 10:58 GMT
Betterware de Mexico S.A.B. de C.V. (BWMX) - Betterware De MÉxico Acquires 60% of GurÚcomm, a Mobile Virtual Network Operator and Communications Software Developer.
Betterware De Mexico Sab De Cv - Purchase Price is $45 Million Pesos and Investment Was Paid Out of Existing Cash on Co's Balance Sheet.
Betterware De Mexico Sab De Cv - Does Not Expect Acquisition to Be Material to Fiscal Year 2021 Results.
Betterware De Mexico Sab De Cv - Maintaining Its Guidance Provided When It Reported Q4 and Fiscal Year 2020 Results on February 18, 2021.
Betterware De Mexico Sab De Cv - GurÚcomm Will Operate Within Betterware, As Betterware Connect, Led by Existing GurÚcomm Management Team.