Brief: Nordic Propeye Intends To Acquire Ngenic IMD Business

Ngenic AB (publ)

28/03/2024 10:18

March 28 (Reuters) - Ngenic AB (publ)  NGENIC.ST :
    * NORDIC PROPEYE AB INTENDS TO ACQUIRE NGENIC AB'S IMD
BUSINESS
    * THE DEAL IS A CASH DEAL OF 12-14 MSEK DEPENDING ON COST
ALLOCATION AND IS BASED ON A DEBT-FREE BASIS
    * FINAL AGREEMENT EXPECTED TO BE COMPLETED IN Q2-2024
    * DEAL ALSO INCLUDES OPERATIONS IN POLAND, WHICH ARE A
WHOLLY
OWNED SUBSIDIARY OF NGENIC SWEDEN

Source text for Eikon:  ID:nMFN68gtXy 
Further company coverage:  NGENIC.ST 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com;  +48 58 769 66 00;))