Brief: Byggfakta Group To Acquire All Assets In Bid Ocean, NAPC From Bid Ocean

Byggfakta Nordic Holdco AB

21/11/2022 08:23

Nov 21 (Reuters) - BYGGFAKTA GROUP Nordic HoldCo AB
 BGNH.ST :
    * SIGNS AGREEMENT TO ACQUIRE ALL ASSETS IN BID OCEAN AND
NORTH
AMERICA PROCUREMENT COUNCIL (NAPC) FROM BID OCEAN, INC
    * REVENUE FOR ACQUIRED PLATFORMS IS FORECASTED TO
APPROXIMATELY
USD 2.1 MILLION IN 2022
    * TWO PLATFORMS ARE EXPECTED TO BE CONSOLIDATED TO BYGGFAKTA
GROUP
IN DECEMBER 2022
    * ACQUISITION EXPECTED TO HAVE A MARGINAL IMPACT ON
BYGGFAKTA
GROUP'S EARNINGS PER SHARE IN 2022
    * BID OCEAN AND NAPC PROVIDES TENDER LEAD SERVICES FOR NORTH
AMERICAN GOVERNMENT AND PRIVATE CONSTRUCTION MARKET

Source text for Eikon:  ID:nMFNc2MS26 
Further company coverage:  BGNH.ST 
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