Brief: Groclin Signs Letter Of Intent On Acquiring CountMe

Less SA

07/10/2021 07:12

Oct 7(Reuters) - Groclin SA  GCN.WA :
    * SAID ON WEDNESDAY IT HAS SIGNED LETTER OF INTENT WITH
COUNTME ON
PRELIMINARY CONDITIONS FOR COMPANY TO ACQUIRE 100% STAKE IN
COUNTME
    * COUNTME OPERATES IN E-COMMERCE SECTOR AND IS MAINLY
FOCUSED ON
MANAGING LESS WEBSITE, APP AND BRAND
    * LESS IS A TOOL FOR BUYING AND SELLING USED MERCHANDISE
AVAILABLE
ON GOOGLE PLAY AND APP STORE WITH 0.8 MILLION USERS
    * TRANSACTION TO TAKE PLACE VIA SHARE SWAP

    
    
 Source text for Eikon:  urn:newsml:reuters.com:*:nEM1695zYa
 Further company coverage:  GCN.WA  

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