Brief: Kid ASA Says Acquiring 100% Of Shares In Hemtex AB From Ica-Gruppen AB

Kid ASA

14/05/2019 16:43

May 14 (Reuters) - Kid Asa  KID.OL :
    * ACQUIRING 100% OF SHARES IN HEMTEX AB FROM ICA-GRUPPEN AB
    * ENTERED INTO A BINDING SHARE PURCHASE AGREEMENT WITH ICA
GRUPPEN
AB FOR 100% OF SHARES IN HEMTEX AB
    * AGREED SHARE PURCHASE PRICE IS SEK 37.6 MILLION, BASED ON
AN
ENTERPRISE VALUE OF SEK 226 MILLION
    * IN CONNECTION WITH TRANSACTION, KID ASA HAS SECURED A
FINANCING
STRUCTURE WITH NORDEA FOR NEW GROUP.

Source text for Eikon:  ID:nWkr1hCPZ0 
Further company coverage:  KID.OL 

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