March 22 (Reuters) - Quadient SA QDT.PA :
* QUADIENT ANNOUNCES THE ACQUISITION OF BEANWORKS, A LEADING FINTECH IN SAAS ACCOUNTS PAYABLE AUTOMATION SOLUTIONS
* AT THE CLOSING OF THE TRANSACTION, WHICH IS ANTICIPATED TO OCCUR ON MARCH 23, 2021, QUADIENT WILL OWN A MAJORITY STAKE OF C. 96% IN BEANWORKS
* PURCHASE PRICE, EXCLUDING TRANSACTION-RELATED COSTS, AMOUNTS SLIGHTLY ABOVE 70 MILLION EUROS
* ACQUISITION WILL BE FINANCED ENTIRELY IN CASH, WITHOUT RECOURSE TO ADDITIONAL DEBT