StockMarketWire.com - Domain names and web services seller CentralNic said it had entered into a binding agreement to acquire Wando Internet Solutions for up to €10.8 million.

Based in Berlin, Germany, Wando operates in the fields of social marketing, display advertising and SEM advertising.

Under the terms of the agreement, the company paid an initial €5.4 million. The sellers of Wando may earn up to another EUR 5.4m payable in Q3 2022, if performance targets are met.






At 9:19am: [LON:CNIC] Centralnic Group Plc share price was 0p at 81p



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