Pluxee Signs Agreement To Acquire Cobee

Reuters06-12

Pluxee NV :Pluxee To Acquire Cobee, An Innovative Spanish Digital Player In Employee Benefits.Transaction To Be Fully Funded From Existing Financial Resources.Acquisition Expected To Be Neutral To Recurring Ebitda And Free Cash Flow In Year 1.Acquisition Expected To Be Accretive To Recurring Ebitda Margin And Net Income In Year 2.

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