Brief: Catena Acquires Bockasjö For SEK 462 Million
04/07/2023 09:12
July 4 (Reuters) - Catena AB CATE.ST :
* CATENA ACCELERATES ITS PROJECT CAPACITY THROUGH THE
ACQUISITION
OF BOCKASJÖ FOR SEK 462 MILLION
* DEAL IS A CORPORATE ACQUISITION IN WHICH CATENA ACQUIRES
BOCKASJÖ AND ITS SUBSIDIARIES FOR A PURCHASE PRICE OF SEK 462
MILLION BEFORE ADDITIONAL CONSIDERATIONS BASED ON FUTURE PROJECT
* SEK 125 MILLION OF PURCHASE PRICE WILL BE PAID VIA NEWLY
ISSUED
CATENA SHARES
* IN CONNECTION WITH DEAL, WHICH WILL CLOSE IN OCTOBER 2023,
CATENA WILL ISSUE NEW SHARES AS PART OF PURCHASE PRICE
Source text for Eikon: ID:nWkr8LGTNc
Further company coverage: CATE.ST
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