Brief: Addvise To Acquire X-Ray Cassette Repair Company Inc

ADDvise AB (publ)

14/02/2023 07:43

Feb 14 (Reuters) - ADDvise Group AB (publ)  ADDVa.ST :
    * ADDVISE SIGNS LETTER OF INTENT TO ACQUIRE X-RAY CASSETTE REPAIR COMPANY INC.
    * REINA IMAGING IS AN INTERNATIONAL MEDTECH EQUIPMENT MANUFACTURER BASED IN CRYSTAL LAKE,
ILLINOIS
    * PURCHASE PRICE IS $14.75 MLN, DIVIDED INTO INITIAL PAYMENT OF $10.75 MLN, AND TWO
POTENTIAL
EARN-OUTS OF MAXIMUM $4 MLN
    * ACQUISITION WILL HAVE A POSITIVE IMPACT ON ADDVISE EARNINGS PER SHARE DURING FINANCIAL
YEAR 2023

Source text for Eikon:  ID:nWkr2fTJw6 
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