Brief: Addvise Says It Has Signed Letter Of Intent To Acquire Kolplast CI S.A.

ADDvise AB (publ)

08/05/2023 05:32

May 8 (Reuters) - ADDvise Group AB (publ)  ADDVa.ST :
    * ADDVISE SIGNS LETTER OF INTENT TO ACQUIRE KOLPLAST CI S.A.
    * PURCHASE PRICE FOR KOLPLAST AMOUNTS TO AN INITIAL PAYMENT
OF BRL
160 MILLION,
    * ACQUISITION WILL BE FINANCED WITH OWN FUNDS AND LOANS
    * ACQUISITION WILL HAVE A POSITIVE IMPACT ON ADDVISE
EARNINGS PER
SHARE DURING FINANCIAL YEAR 2023
    * PURCHASE PRICE TO ALSO INCLUDE THREE POTENTIAL EARN-OUTS
OF BRL
50 MILLION IN TOTAL

Source text for Eikon:  ID:nWkr2tsjvT 
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