May 8 (SeeNews) - Croatian IT equipment and consumer electronics distributor and producer M San Grupa [ZSE:3MSA] said on Monday it has signed a deal to acquire 100% of local producer of computer equipment and IT engineering company Data Link.
Completion of the transaction is expected later this year, M San said without elaborating on its value. The deal was signed on Friday.
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In early April, M San announced that it has submitted a binding bid to acquire Data Link.
In 2021, M San Grupa issued a debut corporate bond [ZSE:3MSA] in the amount of 200 million kuna ($29 million/27 million euro), which is listed on the Zagreb Stock Exchange.
($ = 0.905 euro)