Brief: AddLife Acquires Funksjonsutstyr

AddLife AB

02/12/2019 11:08

Dec 2 (Reuters) - AddLife AB  ALIFb.ST :
    * ADDLIFE ACQUIRES FUNKSJONSUTSTYR AS
    * ADDLIFE IS ACQUIRING 76% OF SHARES IN COMPANY WITH AN
OPTION TO
ACQUIRE REMAINING 24% OF SHARES AFTER A FIVE-YEAR PERIOD.
    * OWNERSHIP WILL BECOME EFFECTIVE ON 2 DECEMBER 2019
    * ACQUISITION IS EXPECTED TO HAVE A MARGINALLY POSITIVE
EFFECT ON
ADDLIFE'S EARNINGS PER SHARE DURING CURRENT FINANCIAL YEAR.

Source text for Eikon:  ID:nWkr5spJVq 
Further company coverage:  ALIFb.ST 

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