Arnoldo Mondadori Editore S.p.A. (BIT:MN) acquired Edizioni Star Comics Srl on June 6, 2022.The Purchase price, will be paid in full in cash at closing, will be subject to final adjustment based on the net financial position at the closing date. The defined agreements also envisage the underwriting of call option contracts, which give the
Mondadori Group the right to acquire the remaining 49% stake in Edizioni Star Comics, exercisable in two equal tranches starting from the approval of the 2024 and 2027 financial statements, respectively, at a price to be set on the basis of the average EBITDA of the relevant previous three years. In 2021, Edizioni Star Comics recorded strong growth in results versus the prior year: revenue of € 21.6 million, EBITDA of € 7.2 million, net profit of € 5.1 million. Deal is conditional, inter alia, upon the spin-off of the property component as well as the consent of the Japanese and Korean licensors who own the rights to some of the company's publications. The transaction is expected to close by 30 June 2022.

Arnoldo Mondadori Editore S.p.A. (BIT:MN) completed the acquisition of Edizioni Star Comics Srl on June 6, 2022.