Brief: Fortnox Acquires Cling Group

Fortnox AB

01/11/2022 12:08

Nov 1 (Reuters) - Fortnox AB  FNOX.ST :
    * FORTNOX ACQUIRES CLING GROUP
    * SIGNED AN AGREEMENT TODAY CONCERNING, AND COMPLETED,
ACQUISITION
OF 51 PERCENT OF SHARES IN CLING GROUP, A SAAS COMPANY
    * OPTION TO PURCHASE REMAINING 49 PERCENT IN 2024
    * CLING WILL BE FULLY CONSOLIDATED INTO BUSINESS AREA
MARKNADSPLATSEN AS OF CLOSING DATE NOVEMBER 1

Source text for Eikon:  ID:nWkr11SyxW 
Further company coverage:  FNOX.ST 
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