Brief: Grupo Caribant Acquires Tangiamo's Technology Rights For Dominican Republic

36 AB

17/11/2022 14:41

Nov 17 (Reuters) - Tangiamo Touch Technology AB
 TANGI.ST :
    * GRUPO CARIBANT ACQUIRES TANGIAMOS TECHNOLOGY RIGHTS FOR
DOMINICAN REPUBLIC
    * HAS ENTERED INTO AGREEMENT WITH GRUPO CARIBANT FOR
ACQUISITION
OF TECHNOLOGY RIGHTS EXCLUSIVE TO DOMINICAN REPUBLIC
    * UNDER AGREEMENT, CO WILL RECEIVE COMPENSATION OF TOTAL OF
SEK 5
MILLION
    * OF THOSE SEK 5 MILLION SEK 2 MILLION RELATES TO
ACQUISITION OF
TECHNOLOGY RIGHTS, MATERIALS AND SEK 3 MILLION RELATES TO
SETTLEMENT OF CO'S OUTSTANDING RECEIVABLES AGAINST GRUPO
CARIBANT
    * COMPENSATION WILL BE RECEIVED IN FULL BY TANGIAMO IN
NOVEMBER
2022

Source text for Eikon:  ID:nWkr5X30MZ 
Further company coverage:  TANGI.ST 
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