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MSC BTA B2 - MSC AB News Story

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Micro Cap
Market Cap £n/a
Enterprise Value £n/a
Revenue £17.2m
Position in Universe th / 1829

BRIEF-MSC Group acquires remaining 40 pct in Frontwalker

Tue 31st May, 2016 8:10am
May 31 (Reuters) - MSC Group AB  MSCb.ST : 
    * Reaches 100 percent ownership in Frontwalker AB 
    * Has been owner of about 60 percent in Frontwalker since November 2015 and now acquires 
remaining 40 percent 
    * Purchase price is paid by promissory note to sellers, Arpeggio AB and Itnode Invest AB 
    * Pays about 4.9 million Swedish crowns ($588,002.35) for 40 pct in Frontwalker  
    * Says acquisition is expected to contribute positively to group's performance already this 
Source text for Eikon:  ID:nWkreE0492  
Further company coverage:  MSCb.ST  
($1 = 8.3333 Swedish crowns) 
 (Gdynia Newsroom) 
 ((; +48 58 772 0920;))
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