Brief: Vertical Ventures Enters LOI To Acquire Arcane Crypto

K33 AB (publ)

02/07/2020 08:20

July 2 (Reuters) - Vertical Ventures AB (publ)  VEVEN.ST :
    * ENTERS LOI TO ACQUIRE ARCANE CRYPTO AS
    * IN CONNECTION WITH THE TRANSACTION, VERTICAL VENTURES WILL
CHANGE THE COMPANY NAME
    * AMBITION IS FOR TRANSACTION TO BE COMPLETED DURING H2 OF
2020
    * PURCHASE PRICE FOR  ARCANE INDICATIVELY AMOUNTS TO SEK
299.7
MILLION

Source text for Eikon:  ID:nBQN7yGBPX 
Further company coverage:  VEVEN.ST 

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