Brief: Boozt Acquires Rosemunde

BOOZT AB

21/06/2021 07:11

June 21 (Reuters) - Boozt AB  BOOZT.ST :
    * BOOZT ACQUIRES ROSEMUNDE IN THE NEXT STEP TO BECOME THE
NORDIC
DESTINATION FOR ONLINE SHOPPING
    * BOOZT AND ROSEMUNDE HAVE TODAY ENTERED INTO AN AGREEMENT
WHERE
BOOZT ACQUIRES 66.7% OF SHARES IN ROSEMUNDE WITH AN OPTION TO
ACQUIRE REMAINING SHARES
    * FINAL PHASE PLANNED FOR JUNE 2026
    * ROSEMUNDE WILL CONTINUE TO OPERATE AS AN INDEPENDENT BRAND
IN
CLOSE COOPERATION WITH EXISTING PARTNERS AND CHANNELS
    * TRANSACTION WILL NOT IMPACT CURRENT OUTLOOK FOR 2021

Source text for Eikon:  ID:nMFN3QPDCT 
Further company coverage:  BOOZT.ST 

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