Brief: Inwido says to acquire CWG Choices in the UK
15/07/2016 07:45
July 15 (Reuters) - Inwido INWI.ST
* Says signs agreement to acquire CWG Choices in the UK
* Says acquires 100 percent of shares in CWG Choices for GBP
11.6 million on a cash- and debt-free basis
* Says company has some 180 employees and generated sales of
GBP 23 million in 2015
* Says acquisition of CWG Choices is financed through
available liquidity and by raising a new bank loan and will have
a positive impact on inwido's earnings per share
Source text for Eikon: ID:nWkrgn6892
Further company coverage: INWI.ST
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