(Alliance News) - Tinexta Spa announced Thursday that its subsidiary Tinexta Cyber Spa, which already owned 70 percent of the share capital of Corvallis Srl, 60 percent of Yoroi Srl and 51 percent of Swascan Srl, has acquired the entire share capital of these companies.

The acquisition took place following the exercise of put and call options provided for in the agreements with the relevant minority shareholders at a price - paid in cash - of EUR12.0 million for 30% of the share capital of Corvallis, EUR24.8 million for 40% of Yoroi and EUR18.3 million for 49% of Swascan.

Tinexta's stock closed Thursday up 0.2 percent at EUR17.85 per share.

By Giuseppe Fabio Ciccomascolo, Alliance News senior reporter

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