Negotiations With Vivabem Brasil Are Progressing

mySafety AB

28/02/2022 07:57

Feb 28 (Reuters) - Empir Group AB  EMPIRb.ST  :
    * NEGOTIATIONS WITH VIVABEM BRASIL AB ARE PROGRESSING 
    * IN JANUARY EMPIR ENTERED INTO A LETTER OF INTENT WITH
VIVABEM
BRASIL AB (VIBE) AND ITS MAJORITY SHAREHOLDERS - A SO-CALLED
REVERSE ACQUISITION WHEREBY EMPIR MAY ACQUIRE UP TO ALL SHARES
IN VIBE IN EXCHANGE FOR NEWLY ISSUED SHARES IN EMPIR
    * EMPIR AND VIBE AGREED TO EXTEND THE TERM OF THE LETTER OF
INTENT
UNTIL MARCH 31, 2022 (PREVIOUSLY: FEBRUARY 28, 2022)

    
    
 Source text for Eikon:  urn:newsml:reuters.com:*:nWkrbRpxl0
 Further company coverage:  EMPIRb.ST  

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