Brief: Eniro In Strategic Collaboration With Azerion

Eniro AB

26/04/2024 15:14

April 26 (Reuters) - Eniro Group AB  ENRO.ST :
    * ANNOUNCES STRATEGIC COLLABORATION WITH AZERION GROUP N.V.
    * WILL INVEST EUR 3 MILLION IN KEY INITIATIVES TO ENHANCE DIGITAL ADVERTISING
    * INITIATIVES SEEN TO INCREASE REVENUE AMOUNTING TO CIRCA SEK 40 MILLION, SAVINGS IN FOCUS
AREAS
OF ABOUT SEK 50 MILLION, WHEN FULLY IMPLEMENTED
    * IT HAS COME TO ENIRO'S KNOWLEDGE THAT AZERION INTENDS TO ACQUIRE SHARES IN ENIRO
    * AGREEMENT THEREFORE CONDITIONAL UPON APPROVAL OF ENIRO'S AGM
    * WILL TRANSITION ITS GOOGLE ADS BOOKINGS FROM CURRENT PLATFORMS TO AZERION
    * WILL OUTSOURCE ITS TECHNOLOGY OPERATIONS AND HOSTING TO AZERION

Source text for Eikon:  ID:nBQN47g9RH 
Further company coverage:  ENRO.ST 

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