Brief: Formpipe sells consulting business in Denmark

Lasernet AB

11/12/2015 09:24

Dec 11 (Reuters) - Formpipe Software AB  FPIP.ST : 
    * Signs agreement with KMD A/S on sale of its consulting business for customer-specific 
solutions for Danish authorities 
    * Initial purchase price amounts to 3.2 million Danish crowns ($470,484.45) 
    * An additional payment of up to 3.5 million crowns, will fall out based on a few specific 
objectives for business in 2016 
    * Divested business includes employees and existing customer contracts and transition to KMD 
takes place immediately 
 
    
Source text for Eikon:  ID:nSSN6601  
     
Further company coverage:  FPIP.ST  
 
($1 = 6.8015 Danish crowns) 
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48586983920;))