Brief: Nordic Capital Announces Agreement To Acquire Iloq From Sievi Capital And Other Shareholders

KH Oyj

15/10/2019 05:09

Oct 15 (Reuters) - Sievi Capital Oyj  SIEVI.HE :
    * NORDIC CAPITAL TO ACQUIRE ILOQ, A LEADING PROVIDER OF
SELF-POWERED DIGITAL LOCKING SYSTEMS
    * NORDIC CAPITAL - ANNOUNCES AN AGREEMENT TO ACQUIRE ILOQ
FROM
SIEVI CAPITAL AND OTHER SHAREHOLDERS
    * NORDIC CAPITAL - FOUNDER OF ILOQ AND MANAGEMENT TEAM WILL
RE-INVEST IN BUSINESS ALONGSIDE NORDIC CAPITAL
    * NORDIC CAPITAL - TRANSACTION IS SUBJECT TO CUSTOMARY
REGULATORY
APPROVALS AND IS EXPECTED TO BE COMPLETED BY END OF 2019

Source text for Eikon:  ID:nWkr6RQzry 
Further company coverage:  SIEVI.HE 

 ((Reuters.Briefs@thomsonreuters.com;))