Brief: Namaste Signs Binding Terms Sheet To Acquire AF Trading Ltd

Lifeist Wellness

13/09/2018 13:51

Sept 13 (Reuters) - Namaste Technologies Inc  N.V :
    * NAMASTE SIGNS BINDING TERMS SHEET TO ACQUIRE UK-BASED
LICENSED
PHARMACEUTICAL DISTRIBUTION COMPANY AF TRADING LTD.
    * NAMASTE TECHNOLOGIES -  WILL ACQUIRE ALL ISSUED AND
OUTSTANDING
SHARES OF ACCESS FULFILLMENT FOR $5 MILLION
    * NAMASTE TECHNOLOGIES - DEAL PAYMENT TO ACCESS FULFILLMENT
WILL
BE 50% IN CASH AND 50% IN NAMASTE COMMON STOCK SHARES
    * NAMASTE TECHNOLOGIES INC - NO CAPITAL RAISE WILL BE
REQUIRED FOR
DEAL

Source text for Eikon:  ID:nCNWmB7n9a 
Further company coverage:  N.V 

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