Brief: Lyko Group Buys Majority Stake In Grazette Of Sweden AB

Lyko AB (publ)

02/08/2021 09:06

Aug 2 (Reuters) - Lyko Group AB (publ)  LYKOa.ST :
    * ACQUIRES MAJORITY STAKE IN GRAZETTE OF SWEDEN AB
    * BUYS 90.05% IN GAZETTE OF SWEDEN AB
    * PURCHASE PRICE AMOUNTS TO SEK 10.3 MILLION FOR 90.05% STAKE
    * ADDITIONAL PURCHASE PRICE BASED ON EBITDA OVER NEXT 2.5 YEARS CAN BE A MAXIMUM OF SEK 45
MILLION
FOR 100%, I.E., JUST OVER SEK 40.5 MILLION

Source text for Eikon:  ID:nWkr7nFSqj 
Further company coverage:  LYKOa.ST 

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