Brief: Arjo Acquires Equity Stake In Bruin Biometrics

Arjo AB (publ)

08/10/2020 09:34

Oct 8 (Reuters) - Arjo AB (publ)  ARJOb.ST :
    * ARJO STRENGTHENS WOUND CARE OFFERING BY ACQUIRING EQUITY
STAKE
IN BRUIN BIOMETRICS
    * PURCHASE PRICE AMOUNTS TO 24 MILLION USD
    * ACQUISITION IS EXPECTED TO HAVE A POSITIVE IMPACT ON
ARJO'S NET
SALES AND EARNINGS PER SHARE BEGINNING IN 2021, AND WILL
CONTRIBUTE SIGNIFICANTLY TO BOTH NET SALES AND EPS DEVELOPMENT
FROM 2023 AND ONWARDS

Source text for Eikon:  ID:nWkr64bvL1 
Further company coverage:  ARJOb.ST 

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