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Amper board approves capital hike of 5.26 pct to complete Landata buy


Published :
Tue, 16 Jan 2007 14:36
By : Agencies
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MADRID (AFX) - Amper SA said its board has approved a capital hike of 1.54 mln shares, equivalent to 5.26 pct of the company's share capital, to complete the financing for the acquisition of Spanish communications engineer Landata.

In a statement, Amper said the total value of the share issue is 17 mln eur.

Amper announced the 75 mln eur acquisition of Landata in October, when it said it had agreed to pay an initial 58 mln eur in cash, with the remaining 17 mln to be paid Jan 31, 2007.

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