(Alliance News) - NVP Spa has announced that it has signed a term sheet with Euroscena Srl, a company whose share capital is wholly owned by Mediapro International SL, and Mediapro itself, outlining the guidelines of the agreements related to NVP's acquisition of a business unit owned by Euroscena.

In detail, it consists of all of the technological infrastructure and assets currently used by Euroscena for the purposes of the proper conduct of the business unit, the lease agreement entered into between Eumovil and Euroscena in relation to the equipment and technologies of the mobile control room, employment contracts with 25 employees of Euroscena, and the lease agreement relating to a warehouse located in Tor Cervara in Rome.

NVP's stock trades in the green by 0.6 percent at EUR3.22 per share.

By Claudia Cavaliere, Alliance News reporter

Comments and questions to redazione@alliancenews.com

Copyright 2023 Alliance News IS Italian Service Ltd. All rights reserved.