Brief: Nightingale Health Acquires German Digital Health Company Yolife

Nightingale Health Oyj

09/07/2021 07:51

July 9 (Reuters) - Nightingale Health Oyj  HEALTH.HE :
    * NIGHTINGALE HEALTH ACQUIRES GERMAN DIGITAL HEALTH COMPANY
YOLIFE
GMBH
    * NIGHTINGALE HEALTH ACQUIRES GERMAN DIGITAL HEALTH COMPANY
YOLIFE
GMBH
    * PARTIES HAVE AGREED THAT TOTAL PURCHASE PRICE OF YOLIFE'S
SHARES
IS APPROXIMATELY EUR 740,000, OF WHICH APPROXIMATELY 30 PER CENT
WILL BE PAID IN CASH CONSIDERATION,
    * ACQUISITION IS EXPECTED TO SUBSTANTIALLY SUPPORT
DEVELOPMENT OF
NIGHTINGALE'S DIGITAL HEALTH CAPABILITIES PARTICULARLY IN
DIRECT-TO-CONSUMER MARKET
    * 70 PER CENT WILL BE COVERED BY A DIRECTED SHARE ISSUE OF
NIGHTINGALE'S SERIES B SHARES WITH A SUBSCRIPTION PRICE OF EUR
6.75 PER SHARE.
    * PARTIES HAVE AGREED THAT TOTAL PURCHASE PRICE OF YOLIFE'S
SHARES
IS APPROXIMATELY EUR 740,000

Source text for Eikon:  ID:nWkr5qdzcK 
Further company coverage:  HEALTH.HE 

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