0
Wireless

Mobile payments specialist Boku buys Danal in reverse triangular merger

Friday 7 December 2018 | 09:45 CET | News
Under the payment terms, the deal will include 26.7 million Boku shares to be issued at USD 0.0001 each, USD 3 million worth of to be issued Boku warrants exercisable at USD 0.141 each and USD 1 million of cash, payable on completion. Boku will also pay a deferred consideration of up to USD 64 million in shares and warrants, depending on Danal's future performance. Reports put the worth of the deal at up to USD 68 million. 

Thank you for visiting Telecompaper

We hope you've enjoyed your free articles. Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Internet / Mobile & Wireless
Companies: Boku / Danal
Countries: World
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.







-/-4.67 million
Expected decrease fixed telephony connections in 2022
Netherlands  |  2018 Q3

Calendar   /   Industry Events

19 Feb Sequans Q4 2018
19 Feb Blancco Technology fiscal Q2
19 Feb Sky NZ interim results
19 Feb Vodafone Institute Digitising Europe Summit
19 Feb Commonwealth HR&ICT
20 Feb Magyar Telekom Q4 2018
20 Feb Telefonica Deutschland Q4 2018
20 Feb Intelsat Q4 2018
20 Feb Lenovo fiscal Q3
20 Feb Liberty Latin America Q4 2018
20 Feb Turkcell Q4 2018
20 Feb Analog Devices fiscal Q1
20 Feb Spark fiscal H1
20 Feb Telefonica Brasil Q4 218
20 Feb TIM Participacoes Q4 2018
20 Feb Orange Polska Q4 2018
20 Feb Ceragon Q4 2018
20 Feb Samsung Galaxy press conference
21 Feb CyrusOne Q4 2018
21 Feb TIM Q4 2018
21 Feb Gogo Q4 2018
21 Feb OTE Q4 2018
21 Feb Roku Q4 2018
21 Feb Vonage Q4 2018
21 Feb Cogent Communications Q4 2018
21 Feb Interdigital Q4 2018
21 Feb Altice USA Q4 2018
21 Feb EchoStar Q4 2018
21 Feb Baidu Q4 2018
21 Feb Casa Systems Q4 2018
::: More Calendar Items