Bending Spoons makes first postIPO acquisition with $1.3B Airtable deal
News Source : Euronext.com
News Summary
- Bending Spoons agrees to buy Airtable in an all-cash deal valuing u.s. software firm at $1.285 billion.
- Italian technology company's first acquisition since its Nasdaq debut last month.
- It follows purchases this year of internet brand AOL and ticketing platform Eventbrite.
- The transaction is expected to close by the end of the year, subject to regulatory approvals, closing conditions and regulatory approvals and closing conditions, the companies said in a statement on Tuesday.
MILAN, Aug 4 (Reuters) Bending Spoons has agreed to buy Airtable in an allcash deal valuing the U.S. software firm at $1.
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