Brief: ADDvise Signs Letter Of Intent To Acquire CliniChain Holding B.V.

ADDvise AB (publ)

06/09/2022 15:42

Sept 6 (Reuters) - ADDvise Group AB (publ)  ADDVa.ST :
    * ADDVISE SIGNS LETTER OF INTENT TO ACQUIRE CLINICHAIN
HOLDING
B.V.
    * HAS SIGNED A LETTER OF INTENT WITH SHAREHOLDERS OF
CLINICHAIN
HOLDING B.V. ("CLINICHAIN") REGARDING AN ACQUISITION OF 100
PERCENT OF SHARES IN CLINICHAIN
    * PURCHASE PRICE FOR CLINICHAIN AMOUNTS TO A TOTAL OF EUR
33.80
MILLION
    * ACQUISITION WILL BE FINANCED WITH OWN FUNDS AND LOAN
    * ADDVISE ASSESSES THAT ACQUISITION WILL HAVE A POSITIVE
IMPACT ON
ADDVISE' EARNINGS PER SHARE DURING FINANCIAL YEAR 2023
    * SHARE PURCHASE AGREEMENT AND COMPLETION OF ACQUISITION IS
SCHEDULED TO BE COMPLETED DURING Q4, 2022

Source text for Eikon:  ID:nWkrbg8ZW 
Further company coverage:  ADDVa.ST 

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