Camanio Care AB (publ) logo

CARE UR - Camanio Care AB (publ) News Story

SEK0.003 0.0  0.0%

Last Trade - 14/11/18

Sector
Size
Market Cap £n/a
Enterprise Value £n/a
Revenue £n/a
Position in Universe th / 1782

BRIEF-Camanio Care Intends To Divest Its Operations And Subsidiaries To Brighter

Sun 8th September, 2019 4:07pm
Sept 8 (Reuters) - Camanio Care Ab (Publ)  CARE.TE :
    * CAMANIO CARE INTENDS TO DIVEST ITS OPERATIONS AND
SUBSIDIARIES
TO BRIGHTER
    * HAS SIGNED A LETTER OF INTENT WITH BRIGHTER AB REGARDING
DIVESTMENT OF ALL SHARES IN CAMANIO CARE'S SUBSIDIARY CAMANIO AB
    * BOARD WILL ENGAGE AN INDEPENDENT REVIEWER TO EVALUATE
SUBSIDIARY
BEFORE BOARD DECIDES IF THEY WISH TO PROCEED WITH TALKS WITH
BRIGHTER
    * A PREREQUISITE FOR TRANSACTION IS THAT CAMANIO CARE'S
SHAREHOLDERS DECIDE IN FAVOUR OF TRANSACTION AT EXTRAORDINARY
GENERAL MEETING OF CAMANIO
    * FOLLOWING A POTENTIAL TRANSACTION, LISTED COMPANY CAMANIO
CARE
CAN CHANGE STRATEGY TO BECOME A LISTED INVESTMENT COMPANY
    * PURCHASE PRICE INTENDED TO BE PAID BY BRIGHTER THROUGH
NON-CASH
ISSUE DIRECTED TO CAMANIO, CAMANIO TRANSFERS ALL SHARES IN
SUBSIDIARY TO BRIGHTER
    * VALUE OF TOTAL NUMBER OF SHARES PLANNED TO BE ISSUED BY
BRIGHTER
IN RIGHTS ISSUE WILL CORRESPOND TO VALUE OF CAMANIO CARE'S
SUBSIDIARY
    * BRIGHTER ALSO INTENDS TO SELL ALL ITS SHARES AND WARRANTS
IN
CAMANIO CARE

Source text for Eikon:  ID:nWkr3DWHHQ 
Further company coverage:  CARE.TE   BRIG.ST 

 ((Reuters.Briefs@thomsonreuters.com;))

Recent news on Camanio Care AB (publ)

See all news
© Stockopedia 2020, Refinitiv, Share Data Services.
This site cannot substitute for professional investment advice or independent factual verification. To use it, you must accept our Terms of Use, Privacy and Disclaimer policies.