Brief: Addtech Acquires Finnchain

Addtech AB

05/07/2021 12:50

July 5 (Reuters) - Addtech AB  ADDTb.ST :
    * ADDTECH ACQUIRES FINNCHAIN OY
    * ADDTECH ACQUIRES FINNCHAIN OY
    * SIGNED AN AGREEMENT TO ACQUIRE 90 % OF SHARES OUTSTANDING
IN
FINNCHAIN OY
    * CLOSING TAKES PLACE TODAY
    * ACQUISITION IS EXPECTED TO HAVE A MARGINALLY POSITIVE
IMPACT ON
ADDTECH'S EARNINGS PER SHARE DURING CURRENT FINANCIAL YEAR.
    * FINNCHAIN HAS 20 EMPLOYEES AND A TURNOVER OF APPROXIMATELY
EUR 7
MILLION

Source text for Eikon:  ID:nWkr1l3dHc 
Further company coverage:  ADDTb.ST 

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