Brief: MAG Interactive Sells Back Primetime To Its Founder

MAG Interactive AB (publ)

13/01/2025 07:01

Jan 13 (Reuters) - MAG Interactive AB (publ)  MAGIN.ST :
    * MAG INTERACTIVE AB (PUBL) SELLS BACK PRIMETIME TO ITS
FOUNDER
    * PURCHASE PRICE IS 1 SEK, WITH  POTENTIAL EARNOUT BASED ON
FUTURE
PROFITS
    * ALL STAFF AND OPERATIONS RELATED TO PRIMETIME WILL
TRANSFER TO
NEW OWNERS
    * ESTIMATED ANNUAL EFFECT TRANSACTION WILL HAVE FOR MAG IS
REDUCED
OPERATIONAL COSTS OF ABOUT 12 MSEK

Source text:  ID:nWkr9y7ZGg 
Further company coverage:  MAGIN.ST 

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