Brief: FormPipe Agrees To Acquire Remaining Shares In FormPipe Intelligo

Lasernet AB

21/03/2018 14:07

March 21 (Reuters) - FORMPIPE SOFTWARE AB  FPIP.ST :
    * REG-FORMPIPE HAS ENTERED INTO AN AGREEMENT TO ACQUIRE THE
REMAINING SHARES IN THE SUBSIDIARY FORMPIPE INTELLIGO AB
    * ‍PAYMENT SHALL BE MADE WITH NOT MORE THAN 909,090 NEWLY
ISSUED
SHARES IN FORMPIPE​
    * ‍ACQUIRES MINORITY STAKE OF 35.1 PER CENT OF SHARES IN
FORMPIPE
INTELLIGO FROM STAFFAN HUGEMARK​
    * ‍FORMPIPE INTELLIGO WILL BECOME A WHOLLY-OWNED SUBSIDIARY
TO
FORMPIPE AFTER ACQUISITION​
    * ‍ACQUIRES MINORITY STAKE OF 35.1 PERCENT OF SHARES IN
FORMPIPE
INTELLIGO FROM STAFFAN HUGEMARK WITH PURCHASE PRICE OF SEK 10.7
MILLION​

Source text for Eikon:  ID:nGNE66ZWJ2 
Further company coverage:  FPIP.ST 

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