Brief: Guideline Geo Acquires Distributor In Australia

Guideline Geo AB (publ)

04/12/2023 07:59

Dec 4 (Reuters) - Guideline Geo AB (publ)  GUGEO.ST :
    * GUIDELINE GEO ACQUIRES DISTRIBUTOR IN AUSTRALIA
    * HAS SIGNED AN ASSET TRANSFER AGREEMENT WITH GEONIX PTY
LTD,
OPERATING AS MALA GPR AUSTRALIA
    * THE PURCHASE PRICE OF APPROXIMATELY SEK 8 MILLION WILL BE
PAID
IN CASH AND THE ACQUISITION WILL BE FINANCED THROUGH A BANK LOAN
    * ACQUISITION WILL TAKE EFFECT ON 15 JANUARY 2024

Source text for Eikon:  ID:nWkr4mKptz 
Further company coverage:  GUGEO.ST 

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