Brief: Fasadgruppen Acquires Rosborg Entreprenad

Fasadgruppen AB (publ)

05/09/2023 07:06

Sept 5 (Reuters) - Fasadgruppen Group AB (publ)  FG.ST :
    * GROWS IN THE STOCKHOLM REGION THROUGH THE ACQUISITION OF ROSBORG ENTREPRENAD
    * IS USING EXISTING CASH TO FINANCE ACQUISITION
    * SELLER HAS UNDERTAKEN TO RE-INVEST PART OF PURCHASE PRICE BY ACQUIRING EXISTING SHARES IN
CO
WITHIN NEXT 3 MONTHS FOLLOWING COMPLETION FOR AMOUNT CORRESPONDING TO SEK 4.9 MILLION
    * SHARES BOUGHT UNDER RE-INVESTMENT ARE SUBJECT TO A LOCK-UP COMMITMENT FOR 36 MONTHS
    * ACQUISITION IS EXPECTED TO BE COMPLETED IN OCTOBER 2023

Source text for Eikon:  ID:nMFN96XjdZ 
Further company coverage:  FG.ST 

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