Brief: Fortnox Buys Offerta Group

Fortnox AB

16/02/2021 07:50

Feb 16 (Reuters) - Fortnox AB  FNOX.NGM :
    * BUYS  OFFERTA GROUP AB
    * ENTERED AGREEMENT TO BUY ALL SHARES IN OFFERTA GROUP
    * PURCHASE PRICE WILL MAINLY BE PAID FOR WITH NEWLY ISSUED
SHARES
IN FORTNOX
    * PURCHASE PRICE AMOUNTS TO SEK 300 MILLION
    * MERGER IS EXPECTED IN THE LONG TERM TO LEAD TO SIGNIFICANT
REVENUE SYNERGIES FROM THE INTEGRATION OF THE COMPANIES'
CUSTOMERS

Source text for Eikon:  ID:nWkr1X9w8v 
Further company coverage:  FNOX.NGM 

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