March 13 (Reuters) - AG Growth International Inc AFN.TO :
* AGI to acquire NuVision Industries Inc
* Says deal for a maximum purchase price of $26 million
* Terms of the transaction include payment of $12 million upon closing with
additional amounts payable annually
* Says maximum purchase price represents a multiple of 4.0x 2015 normalized
EBITDA
* Deal price is based on five times nuvision's average EBITDA for the financial
years 2015, 2016, 2017 and 2018
* Payments under agreement payable 50% in cash and 50% in AGI equipment and
cash payable to be funded from AGI's cash balance
* Source text for Eikon ID:nCCNbwY1vn
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