Brief: Lumenradio Acquires Radiocrafts

LumenRadio AB

13/07/2023 15:52

July 13 (Reuters) - LumenRadio AB  LUMEN.ST :
    * LUMENRADIO ACQUIRES RADIOCRAFTS - A GLOBAL RADIO-MODULE
MANUFACTURER AND WIRELESS TECHNOLOGY PROVIDER
    * INITIAL PURCHASE PRICE OF 85 MNOK
    * POTENTIAL ADDITIONAL PURCHASE PRICE OF UP TO 30 MNOK
    * PAYMENT WILL BE FINALIZED IN Q1 OF 2026
    * TRANSACTION IS EXPECTED TO BE COMPLETED ON SEPTEMBER 1,
2023

Source text for Eikon:  ID:nWkr7MvqC7 
Further company coverage:  LUMEN.ST 

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