Brief: Creades To Buy Majority Stake In PRNT Printing Solutions

Creades publ AB

25/11/2019 08:31

Nov 25 (Reuters) - Creades AB (publ)  CREADa.ST :
    * SAID ON SATURDAY SIGNED AN AGREEMENT TO ACQUIRE 51% OF
PRNT
PRINTING SOLUTIONS AB, AN E-COMMERCE COMPANY 
    * THE DEAL IS EXPECTED TO BE COMPLETED IN DECEMBER
    * THE TRANSACTION VALUES PRNT PRINTING SOLUTIONS AT SEK 610
MLN ON
A DEBT-FREE BASIS 
    * CREADE'S INVESTMENT IS EXPECTED TO BE SEK 255 M AFTER
COMPLETION
OF BANK FINANCING

    
 Source text for Eikon:  urn:newsml:reuters.com:*:nWkr237HFb
    
 Further company coverage:  CREADa.ST  
   


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