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BRIEF-MTY enters into an agreement to acquire assets of Houston Avenue Bar & Grill and Industria Pizzeria + Bar

June 12 Mty Food Group Inc

* MTY enters into an agreement to acquire the assets of houston avenue bar & grill and industria pizzeria + bar

* MTY Food Group Inc - ‍cash consideration paid at closing for 80% acquired by mty is expected to be approximately $13.0 million​

* MTY Food Group Inc - cash consideration paid at closing for 80% acquired by mty is expected to be approximately $13.0 million

* Says MTY expects to relocate offices of houston and industria in its headquarters in st-laurent, québec

* MTY Food-‍raimondo messina, raimondo messina, antonino roger francis, current owners of houston and industria, will continue to lead two brands after deal​ ​

* MTY Food Group Inc - consideration will be adjusted 24 months from deal closing

* MTY Food Group Inc - amount of earn-out will also serve as a holdback for transaction Source text for Eikon: Further company coverage:

我们的标准: 汤森路透“信任原则

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