Brief: Creades Sells All Shares In Pricerunner To Klarna

Creades publ AB

02/11/2021 09:09

Nov 2 (Reuters) - Creades AB  CREADa.ST :
    * SIGNS AGREEMENT TO SELL ALL SHARES IN PRICERUNNER TO
KLARNA
    * FOLLOWING THIS TRANSACTION, CREADES WILL HAVE NO OWNERSHIP
IN
PRICERUNNER
    * SALES PROCEEDS AFTER TRANSACTION COSTS AMOUNT TO SEK 1,059
MLN
AND ARE PAID AT 40% IN CASH AND AT 60% IN KLARNA SHARES
    * TRANSACTION IS EXPECTED TO TAKE PLACE IN Q1 2022 

    
    
 Source text for Eikon:  urn:newsml:reuters.com:*:nNDL19V84g
 Further company coverage:  CREADa.ST  

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