Brief: Axfood Acquires City Gross

Axfood AB

11/06/2024 07:07

June 11 (Reuters) - Axfood AB  AXFO.ST :
    * AXFOOD ACQUIRES CITY GROSS
    * CONSIDERATION AMOUNTS TO SEK 2 BILLION
    * TO ACQUIRE SHARES CORRESPONDING TO 90.1 PERCENT OF CITY
GROSS
SVERIGE AB ("CITY GROSS")
    * ACQUISITION IS EXPECTED TO CONTRIBUTE POSITIVELY TO
AXFOOD'S
EARNINGS PER SHARE BY 2026 LATEST

Source text for Eikon:  ID:nWkr2j6Tjx 
Further company coverage:  AXFO.ST 

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