Brief: Brd Klee Group Acquires 51% Of Shareholding In Elektro Gruppen

Brd Klee A/S

12/10/2023 10:41

Oct 12 (Reuters) - BRD Klee A/S  KLEEb.CO :
    * GROUP HAS ACQUIRED 51% OF SHAREHOLDING IN ELEKTRO GRUPPEN
A/S
    * PAYS TDKK 22,000 IN CASH UPON TRANSFER OF THE SHARES WITH 
POSSIBILITY OF AN ADDITIONAL EARN-OUT OF UP TO TDKK 7,400 AFTER
3 YEARS
    * ACQUISITION DOES NOT AFFECT 2022/23 FINANCIAL YEAR
    * PURCHASE PRICE IS FINANCED VIA THE CO'S LIQUID RESERVES
AND
AVAILABLE CREDIT FACILITIES
    * FROM FINANCIAL YEAR 2023/24, FUTURE OPERATIONS FROM
ACQUISITION
ARE EXPECTED TO CONTRIBUTE BETWEEN TDKK 6,000 AND 10,000 BEFORE
TAX AND MINORITY INTERESTS

Source text for Eikon:  ID:nGNEc7K1m1 
Further company coverage:  KLEEb.CO 

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