Brief: KABE Group Acquires Coachman Group

KABE AB

19/02/2021 13:48

Feb 19 (Reuters) - KABE Group AB  KABEb.ST :
    * ACQUIRES AN ENGLISH COMPANY COACHMAN GROUP LTD
    * CURRENT MANAGEMENT OF COACHMAN WILL CONTINUE TO LEAD THE
COMPANY
    * PURCHASE PRICE FOR REMAINING 78.5% OF SHARES IN COACHMAN
AMOUNTS
TO 15.71 MGBP.13.46 MGBP WILL BE PAID IN CASH UPON ENTRY
    * REMAINING 2.25 MGBP WILL BE REGULATED IN TWO YEARS
    * ACQUISITION IS EXPECTED TO MAKE A POSITIVE CONTRIBUTION TO
GROUP'S EARNINGS PER SHARE OF SEK 3-4

Source text for Eikon:  ID:nWkr2RbVw5 
Further company coverage:  KABEb.ST 

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