Brief: Odd Molly Signs LoI With Ytrade Group

Logistea AB

22/07/2020 08:53

July 22 (Reuters) - Odd Molly International AB  ODD.ST :
    * SIGNS LOI WITH YTRADE GROUP AB
    * TRANSACTION VALUES USED BY TO ABOUT SEK 27 MILLION
    * TO OWN ABOUT 40% OF THE MERGED CO AFTER THE TRENSACTION IS
COMPLETED
    * TRANSACTION TO BE CARRIED OUT DURING AUGUST 2020
    * LOI MEANS THAT CO'S UNIT USED BY INTERNATIONAL AB IS
MERGED WITH
YTRADE GROUP

Source text for Eikon:  ID:nWkr5QtJhf 
Further company coverage:  ODD.ST 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 778 51 10;))