Brief: Elos Medtech Acquires Klingel Medical Through Guaranteed Rights Issue

Elos Medtech AB

28/07/2023 10:23

July 28 (Reuters) - Elos Medtech AB  ELOSSb.ST :
    * ELOS MEDTECH ACQUIRES KLINGEL MEDICAL THROUGH A GUARANTEED
RIGHTS ISSUE
    * PURCHASE PRICE CORRESPONDS TO AN ENTERPRISE VALUE OF EUR
370
MILLION
    * CLOSING IS EXPECTED TO TAKE PLACE DURING Q4 OF 2023
    * ACQUISITION WILL BE FINANCED THROUGH A RIGHTS ISSUE IN
AMOUNT OF
APPROXIMATELY EUR 370 MILLION

Source text for Eikon:  ID:nWkr3J95kh 
Further company coverage:  ELOSSb.ST 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com;))