ŞOK Marketler Ticaret has signed a share purchase agreement to acquire 100% of the paid-in capital of Future Teknoloji Ticaret A.Ş in cash, with the aim of contributing to its development in the e-commerce channel and enhancing its capabilities.
According to the statement made by ŞOK to the Public Disclosure Platform (KAP), the transaction price was determined at 220 million TL through negotiation, incorporating a 10% discount based on the midpoint of the company value range determined in the valuation report.
The statement noted, "A share purchase agreement has been signed for the cash acquisition of shares corresponding to 100% of the paid-in capital of Future Teknoloji Ticaret A.Ş from Future Star E-Ticaret A.Ş. As of the signing date of the share purchase agreement, Future Teknoloji Ticaret A.Ş has no financial debt."
News Source: 12punto
