Brief: BHG Group Enters Into Agreement To Sell 20.1% Stake In Furniture1

BHG AB

30/06/2023 07:47

June 30 (Reuters) - BHG Group AB (Publ)  BHGF.ST :
    * SAID ON THURSDAY BHG GROUP ENTERED INTO AGREEMENT ON SHARE
SALE
IN FURNITURE1
    * SALE REDUCES BHG’S ACQUISITION RELATED LIABILITIES BY SEK
450M
    * F1 WILL CONTINUE TO BE CONSOLIDATED WITHIN THE BHG GROUP
    * AGREEMENT HAS BEEN REACHED BETWEEN BHG GROUP AND THE
FOUNDER OF
BHG'S SUBSIDIARY FURNITURE1 WHEREBY THE FOUNDER OF F1 WILL
PURCHASE 20.1% OF THE SHARES IN F1 VIA A COMPANY OWNED BY HIM

        
 Source text for Eikon:  BHGF.ST 
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