Brief: Gyldendal Buys Majority Stake In MentorDanmark Aps

Gyldendal A/S

12/12/2018 12:34

Dec 12 (Reuters) - Gyldendal A/S  GYLDb.CO :
    * ACQUIRES 60 PERCENT OF SHARES IN MENTORDANMARK APS
    * TRANSACTION COSTS ARE NOT EXPECTED TO EXCEED DKK 2 MILLION
    * PURCHASE PRICE FOR 60 PERCENT STAKE  IS DKK 57 MILLION TO BE PAID IN CASH AT CLOSING
    * DEAL HAS NO EFFECT ON EARLIER ANNOUNCED FORECAST FOR CO'S REVENUE AND PRE-TAX PROFIT FOR
2018
    * FOLLOWING THIS TRANSACTION, GYLDENDAL EXPECTS TO CONTINUE TO PAY OUT DIVIDEND FOR FY 2018

Source text for Eikon:  ID:nGNEzGTN1 
Further company coverage:  GYLDb.CO 

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