Brief: Front Ventures: Conax Group Bids For Vopy AB

Front Ventures AB (publ)

26/01/2021 14:37

Jan 26 (Reuters) - Front Ventures AB (publ)  FRNTb.NGM :
    * CONAX GROUP BIDS FOR VOPY AB
    * WHEN ACQUISITION IS COMPLETED COMPANY WILL BEGIN
PREPARATIONS
FOR NEXT ROUND OF FINANCING BEFORE SUMMER 2021
    * GOAL IS TO TAKE IN ABOUT SEK 120-150 MILLION TO COMPANY
VALUATION OF ABOUT SEK 800-900 MILLION TO FINANCE CO'S MARKET
EXPANSION UP TO PLANNED IPO

Source text for Eikon:  ID:nWkr2zCSb5 
Further company coverage:  FRNTb.NGM 

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