Criteo S.A - ADR

NASDAQ:CRTO   1:09:03 PM EDT
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Other Pre-Announcement

Criteo Enters Into Exclusive Negotiations To Acquire IPONWEB

Published: 12/09/2021 12:40 GMT
Criteo S.A - ADR (CRTO) - Criteo Enters Into Exclusive Negotiations to Acquire Iponweb, a Market-leading Adtech Platform Company.
Criteo Sa - Reaffirms 2021 Financial Guidance and Continued Execution of Its Share Buy-back Program.
Criteo Sa - Acquisition Valued at $380 Million, Financed Through Cash and Treasury Shares.
Criteo Sa - Strategic Acquisition Accretive to Criteo's Revenue Growth, Adjusted EBITDA, EPS and Cash Flows.
Criteo Sa - $380 Million Purchase Price is Expected to Be Funded Through $305 Million Paid in Cash and $75 Million Paid in Crto Treasury Shares.
Criteo Sa - Expects to Have Over $600 Million of Financial Liquidity Left After Completion of Contemplated Transaction.