Brief: Humble Group Signs Agreement With The Owners Of Swedish Food Group

Humble AB

10/09/2021 12:17

Sept 10 (Reuters) - Humble Group AB  HUMBLE.ST :
    * HAS SIGNED A BINDING AGREEMENT WITH THE OWNERS OF SWEDISH
FOOD
GROUP AB REGARDING THE ACQUISITION OF ALL SHARES IN THE COMPANY
AND ITS SUBSIDIARIES
    * FIXED PURCHASE PRICE AMOUNTS TO SEK 251.5 MILLION
    * OF THE PURCHASE PRICE, SEK 101.5 MILLION WILL BE PAID IN
CASH
AND THE REMAINING SEK 150 MILLION IN FORM OF CONSIDERATION
SHARES
    * ADDITIONAL PURCHASE PRICES BASED ON THE COMPANY'S FUTURE
ADJUSTED EBITDA MAY BE PAID
    * ADDITIONAL PAYMENTS BASED ON THE COMPANY'S ADJUSTED EBITDA
DURING Q4 2021, 2022 AND 2023 MAY BE PAID FOR A TOTAL OF UP TO
ABOUT SEK 85 MILLION

Source text for Eikon:  ID:nWkr6zxM0w 
Further company coverage:  HUMBLE.ST 

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