Brief: Awardit Signs Takeover Deal For All Shares In M2M

Awardit AB publ

22/11/2019 15:14

Nov 22 (Reuters) - Awardit AB (publ)  AWRD.ST :
    * HAS TODAY SIGNED TAKEOVER DEAL FOR ALL SHARES IN M2M
    * PURCHASE PRICE AMOUNTS TO SEK 13 MILLION
    * SEK 4.9 MILLION OF PRELIMINARY PURCHASE PRICE OF SEK 7.3
MILLION
TO BE PAID IN AWARDIT-SHARES, REMAINING SEK 2.4 MILLION IN CASH
    * PURCHASE PRICE OF SEK 13 MILLION CONSISTS OF PRELIMINARY
PART OF
SEK 7.3 MILLION AND ADDITIONAL PURCHASE PRICE OF SEK 5.7 MILLION
PAID IN 1 YEAR TIME

Source text for Eikon:  ID:nBQN5Y38T2 
Further company coverage:  AWRD.ST 

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