Brief: Patricia Industries To Fund Strategic Add-On Acquisition By Piab

Investor AB

20/04/2022 07:41

April 20 (Reuters) - Investor AB  INVEb.ST :
    * PATRICIA INDUSTRIES TO FUND STRATEGIC ADD-ON ACQUISITION
BY PIAB
    * ACQUISITION IS EXPECTED TO BE CLOSED DURING Q2 2022
    * TOTAL CONSIDERATION AMOUNTS TO APPROXIMATELY SEK 560M ON A
CASH
AND DEBT-FREE BASIS
    * PIAB HAS SIGNED AN AGREEMENT TO ACQUIRE JOULIN

Source text for Eikon:  ID:nWkr76xLJx 
Further company coverage:  INVEb.ST 

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