Brief: Visiomed Group Enters Into Exclusive Discussions For The Merger Of Its Subsidiary Bewellconnect And Whealthy Care Solutions

Klea Holding SA

15/11/2022 17:40

Nov 15 (Reuters) - Visiomed Group SA  ALVMG.PA :
    * ENTERS INTO EXCLUSIVE DISCUSSIONS FOR THE MERGER OF ITS
SUBSIDIARY BEWELLCONNECT AND WHEALTHY CARE SOLUTIONS (WCS)
    * FOLLOWING THESE OPERATIONS, VISIOMED GROUP WOULD HOLD 40%
OF THE
NEW ENTITY, AND THE WCS SHAREHOLDERS WOULD JOINTLY HOLD 60%
    * THE COMPLETION OF THIS TRANSACTION REMAINS SUBJECT TO THE
SATISFACTORY COMPLETION OF STANDARD CONDITIONS PRECEDENT
(AGREEMENT ON ALL LEGAL DOCUMENTATION, SATISFACTORY COMPLETION
OF AUDITS BY THE PARTIES, ETC.) AND COULD TAKE PLACE BEFORE
DECEMBER 31, 2022

Source text for Eikon:  ID:nACT77247 
Further company coverage:  ALVMG.PA 
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