Brief: Okq8 Enters LOI Regarding Acquisition Of Shares Or Operations In Move About AB
25/09/2023 15:53
Sept 25 (Reuters) - Move About Group AB MOVEA.ST :
* OKQ8 HAS TODAY ENTERED A LETTER OF INTENT (LOI) REGARDING
THE
ACQUISITION OF SHARES OR THE OPERATIONS IN MOVE ABOUT AB
* PARTIES INTEND TO COMPLETE TRANSACTION AT BEGINNING OF
NOVEMBER
* TENTATIVE SALES VALUE IS SEK 35 MILLION ON A DEBT-FREE
BASIS
* HAS, AS PREVIOUSLY COMMUNICATED, INITIATED DIALOGUE
REGARDING
SALE OF SHARES OF SWEDISH SUBSIDIARY, MOVE ABOUT AB, OR ITS
OPERATIONS
Source text for Eikon: ID:nBQN9DNW7m
Further company coverage: MOVEA.ST
(Gdansk Newsroom)
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