Brief: Arjo Acquires AirPal

Arjo AB (publ)

03/12/2020 06:51

Dec 3 (Reuters) - Arjo AB (publ)  ARJOb.ST :
    * SAID ON WEDNESDAY ARJO ACQUIRES AIRPAL - A US COMPANY
FOCUSED ON
PATIENT TRANSFERS
    * ARJO ACQUIRES AIRPAL - A US COMPANY FOCUSED ON PATIENT
TRANSFERS
    * DEAL IS EXPECTED TO HAVE A POSITIVE IMPACT ON EARNINGS PER
SHARE
FROM 2022 AND ONWARDS
    * DEAL IS AN ASSET PURCHASE AGREEMENT AND INVOLVES AN
UPFRONT
PAYMENT AND AN EARN-OUT TIED TO PERFORMANCE IN 2021 TO 2023
    * ARJO- ACQUISITION IS EXPECTED TO HAVE A LIMITED POSITIVE
IMPACT
ON CO'S EPS DURING 2021 BUT WILL CONTRIBUTE POSITIVELY TO EPS
DEVELOPMENT IN 2022

Source text for Eikon:  ID:nWkrbyrPCD 
Further company coverage:  ARJOb.ST 

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