Brief: Elanders Signs Contract To Buy 70% Of Shares In Azalea

Elanders AB

19/10/2020 11:03

Oct 19 (Reuters) - Elanders AB  ELANb.ST :
    * REG-ELANDERS CONTINUES TO INVEST IN LIFE CYCLE SERVICES
AND
MAKES ACQUISITION
    * REG-ELANDERS CONTINUES TO INVEST IN LIFE CYCLE SERVICES
AND
MAKES ACQUISITION
    * SIGNED A CONTRACT TO ACQUIRE 70 PERCENT OF SHARES IN
AZALEA
GLOBAL IT AB ("AZALEA")
    * ACQUISITION OF 70 PERCENT OF SHARES IN AZALEA WILL BE
FINALIZED
IN Q4
    * ACQUISITION IS NOT EXPECTED TO HAVE ANY MATERIAL EFFECT ON
RESULT PER SHARE OR CASH FLOW DURING PERIOD.
    * ELANDERS HAS AN OPTION TO ACQUIRE REMAINING SHARES IN
COMPANY
WHICH CAN BE USED IN 2024.

Source text for Eikon:  ID:nGNE9wR36Z 
Further company coverage:  ELANb.ST 

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