Brief: Academedia Acquires Changemaker Educations

AcadeMedia AB

08/07/2022 07:13

July 8 (Reuters) - AcadeMedia AB  ACADE.ST :
    * ACQUIRES CHANGEMAKER EDUCATIONS AB AND CONTINUE EXPANSION
WITHIN
GAME EDUCATION
    * HAS ENTERED INTO AN AGREEMENT TO ACQUIRE ALL SHARES IN
CHANGEMAKER EDUCATION AB FOR SEK 60 MILLION
    * CHANGEMAKER EDUCATIONS AB HAD A TURNOVER IN 2021 OF
APPROXIMATELY SEK 64 MILLION AND AN EBIT OF APPROXIMATELY SEK 10
MILLION
    * TRANSACTION HAS A CASH AND DEBT-FREE VALUE (ENTERPRISE
VALUE) OF
SEK 55 MILLION
    * ACQUISITION IS EXPECTED TO BE COMPLETED DURING Q1 OF
2022/23
FISCAL YEAR

Source text for Eikon:  ID:nWkrHgPYx 
Further company coverage:  ACADE.ST 

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