Brief: BTS Group Acquires The Boda Group

BTS AB

02/05/2023 07:25

May 2 (Reuters) - BTS Group AB  BTSb.ST :
    * ACQUIRES THE BODA GROUP
    * ACQUISITION INCLUDES INITIAL CASH CONSIDERATION AS WELL AS
ISSUE
OF NEW BTS SHARES REPRESENTING VALUE OF $600,000
    * ADDITIONAL PURCHASE PRICE CONSIDERATIONS WILL BE PAID
BETWEEN
2024 AND 2027 PROVIDED BODA MEETS SPECIFIC TARGETS DURING THAT
PERIOD
    * TRANSACTION IS EFFECTIVE IMMEDIATELY

Source text for Eikon:  ID:nGNE9m6DNT 
Further company coverage:  BTSb.ST 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))