Brief: Humble Group Acquires Fancystage

Humble AB

24/06/2021 15:16

June 24 (Reuters) - Humble Group AB  HUMBLE.ST :
    * HUMBLE GROUP AB - SIGNED A BINDING AGREEMENT WITH THE
OWNER OF
FANCYSTAGE UNIPESSOAL LDA REGARDING ACQUISITION OF ALL SHARES IN
THE COMPANY
    * HUMBLE GROUP AB - TOTAL PURCHASE PRICE AMOUNTS TO A
MAXIMUM OF
SEK 546.5 MILLION
    * HUMBLE GROUP AB - PRICE CONSISTS OF FIXED PAYMENT OF SEK
247.9
MILLION, FIXED ADDITIONAL PURCHASE PRICE OF SEK 106.3 MILLION
AND VARIABLE ADDITIONAL PURCHASE PRICE UP TO SEK 192.3 MILLION
BASED ON FUTURE EBITDA RESULTS
    * HUMBLE GROUP AB - OF PURCHASE PRICE, SEK 106.3 MILLION
WILL BE
PAID IN CASH AND REMAINING SEK 141.6 MILLION IN FORM OF
CONSIDERATION SHARES

Source text for Eikon:  ID:nWkrbFRtRt 
Further company coverage:  HUMBLE.ST 

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