Bending Spoons makes first post-IPO acquisition with $1.3 billion Airtable deal
MILAN, Aug 4 (Reuters) - Bending Spoons (BSP.O), opens new tab has agreed to buy Airtable in an all-cash deal valuing the U.S. software firm at $1.285 billion, the companies said on Tuesday, marking the Italian technology company's first acquisition since its Nasdaq debut last month.
Bending Spoons has entered into a definitive agreement to acquire Airtable for $1.285 billion
MILAN--(BUSINESS WIRE)--Bending Spoons S.p.A. (NASDAQ: BSP) announced that it has entered into a definitive agreement to acquire Airtable, in an all-cash transaction that values Airtable at an enterprise value of $1.285 billion, which, together with Airtable’s current net cash-and-cash-equivalents balance, implies an equity value of approximately $2.25 billion. The acquisition is subject to customary closing conditions and approvals, including regulatory approvals.
