The agreement also details a call option agreement with Elliot & Co, allowing Vividthree to acquire a further 21% stake for at least $1.98 million should Elliot & Co achieve a net profit of not less than $0.90 million between FY2023 and FY2025.
Entertainment company Vividthree Holdings (SGX:OMK
) has entered into a definitive conditional sale and purchase agreement to acquire a 30% stake in public relations agency Elliot Communications (Elliott & Co) for $775,393 in cash.
The deal is expected to be completed by April 30, says Vividthree in a March 27 press release.
