Brief: Action Takes Over PDS Care

Action SA

15/02/2024 13:31

Feb 15 (Reuters) - Action SA  ACT.WA :
    * ACQUIRES 60% STAKE IN PDS CARE UNDER INVESTMENT DEAL
    * ALSO SETS CONDITIONS FOR TRADE AND INVESTMENT COOPERATION
    * COOPERATION FOR SALES IN NEW SEGMENT OF MEDICAL AND
REHABILITATION SUPPLIES
    * UNDER DEAL COMPANY ALSO SET CONDITIONS FOR FURTHER
ACQUISITIONS
OF REMAINING 40% STAKE IN YEARS 2025-2026
    * TOTAL VALUE OF TRANSACTION AT 0.75% OF COMPANY'S ASSETS
    * SAYS TRANSACTION FINANCED FROM COMPANY'S OWN FUNDS
    * PDS CARE ANNUAL SALES REVENUE HAVE NOT EXCEEDED EUR 10
MILLION
SO FAR

Source text for Eikon:  ID:nEM2L83zba 
Further company coverage:  ACT.WA 

 (Reporting by Gdansk Newsroom)
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