Brief: New Wave Group Acquires Tenson

New Wave AB

30/06/2023 15:03

June 30 (Reuters) - New Wave Group AB  NEWAb.ST :
    * NEW WAVE GROUP AB (PUBL) ACQUIRES TENSON
    * ACQUIRED 100% OF SHARES IN SWEDISH OUTDOOR COMPANY TENSON
AB
    * ACQUISITION IS NOT EXPECTED TO HAVE ANY MAJOR IMPACT ON
RESULT
DURING SECOND HALF OF 2023 BUT IS EXPECTED TO HAVE A POSITIVE
IMPACT ON NEW WAVE GROUP'S RESULT ALREADY IN 2024
    * PURCHASE PRICE AMOUNTS TO SEK 1 BASED ON EQUITY AT CLOSING
ON
1ST OF JULY 2023 OF AT LEAST SEK 6.53 MILLION, WHERE BRAND IS
BOOKED AT APPROXIMATELY SEK 31 MILLION

Source text for Eikon:  ID:nWkr1QzWbc 
Further company coverage:  NEWAb.ST 

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