Brief: Devport Buys SNI Konsult

DevPort AB

13/07/2021 10:04

July 13 (Reuters) - DevPort AB  DEVPb.ST :
    * EXPANDS VIA ACQUISITION IN SWEDEN
    * BUYS SNI KONSULT AB
    * ACQUISITION IS EXPECTED TO HAVE A MARGINALLY POSITIVE
EFFECT ON
DEVPORT'S EARNINGS IN 2021
    * PURCHASE PRICE AMOUNTS TO CO'S EQUITY AS OF JULY 13, 2021
(SEK
25,000) AND 33% OF CO'S ACCUMULATED PROFIT AFTER TAX UP TO AND
INCLUDING 2024, HOWEVER MAXIMIZED TO SEK 5 MILLION, TO BE PAID
DURING THE FIRST HALF OF 2025
    * PURCHASE PRICE IS DEPENDENT ON ACQUIRED CO'S FUTURE
EARNINGS

Source text for Eikon:  ID:nWkr3RRrMw 
Further company coverage:  DEVPb.ST 

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