Brief: Bang & Olufsen And Hp Extend Partnership Agreement

Bang & Olufsen A/S

30/06/2021 20:40

July 1 (Reuters) - Bang & Olufsen A/S  BO.CO :
    * REG-BANG & OLUFSEN AND HP EXTEND PARTNERSHIP AGREEMENT
    * BANG & OLUFSEN - AGREEMENT BETWEEN BANG & OLUFSEN AND HP
HAS
BEEN EXTENDED ON SIMILAR TERMS AS CURRENT AGREEMENT AND WILL
CONTINUE TO BE ROYALTY BASED
    * TOTAL LICENSE FEE RECEIVED BY BANG & OLUFSEN CONTINUES TO
DEPEND
ON NUMBER OF COBRANDED COMPUTERS SOLD BY HP
    * BANG & OLUFSEN - HAVE AGREED TO EXTEND THEIR EXISTING
PARTNERSHIP FOR THREE MORE YEARS, WITH OPTIONS TO EXTEND
PARTNERSHIP FOR UP TO TWO MORE YEARS

Source text for Eikon:  ID:nGNEbd7F9G 
Further company coverage:  BO.CO 

 ((Reuters.Briefs@thomsonreuters.com;))