Brief: Alpcot Holding Unit Purchases Client Portfolio For SEK 4.0 Mln

Alpcot Holding AB (publ)

09/05/2022 13:29

May 9 (Reuters) - Alpcot Holding AB (publ)  ALPCOTb.ST :
    * ALPCOT AB, A WHOLLY OWNED SUBSIDIARY OF ALPCOT HOLDING AB,
HAS
ENTERED INTO AN AGREEMENT WITH REAL FINANS AND FÖRSÄKRING AB
    * WILL PAY A CASH PURCHASE PRICE OF SEK 4.0 MILLION FOR THE
PORTFOLIO AND AT THE SAME TIME RECEIVE A GUARANTEE THAT THE
PORTFOLIO WILL GENERATE SEK 4,0 MILLION IN REVENUES TO ALPCOT
FOR TWO YEARS FROM THE DATE OF CLOSING
    * THE AGREEMENT PROVIDES FOR THE ACQUISTION OF A PORTFOLIO
OF MORE
THAN 1,200 CLIENTS AND A CAPITAL OF APPROXIMATELY SEK 1.7
BILLION
    * TRANSACTION IS EFFECTIVE 31 MAY 2022, AT LATEST

Source text for Eikon:  ID:nWkr7btYwR 
Further company coverage:  ALPCOTb.ST 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))