Brief: Aqua Bio Technology Enters Into Agreement For The Acquisition Of Ovalen

Aqua Bio Technology ASA

08/02/2024 20:21

Feb 8 (Reuters) - Aqua Bio Technology Asa  ABTEC.OL :
    * : ABT ENTER INTO AGREEMENT FOR THE ACQUISITION OF OVALEN
    * PURCHASE PRICE WILL BE CONVERTED INTO NEW SHARES ("NEW
SHARES")
IN ABT AT A SUBSCRIPTION PRICE OF NOK 5 PER SHARES
    * OVALEN'S REVENUE IN 2023 WILL BE APPR. MNOK 17 WITH A
POSITIVE
EBIT.
    * TO ACQUIRE OVALEN FROM COC INVEST AS FOR A PURCHASE PRICE
OF UP
TO MNOK 11

Source text for Eikon:  ID:nObi7RqFPa 
Further company coverage:  ABTEC.OL 

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