Azerion Group N.V. (ENXTAM:AZRN) signed an agreement to acquire madvertise media GmbH from madvertise SA (ENXTPA:ALMNG) for €11.3 million on July 8, 2022. The transaction will be paid in cash for at least €4.8 million and the balance in Azerion shares, with an initial payment representing 0.384614 million shares. The acquisition is expected to close by the end of July 2022.

Azerion Group N.V. (ENXTAM:AZRN) completed the acquisition of madvertise media GmbH from madvertise SA (ENXTPA:ALMNG) on July 27, 2022.