Brief: Online Brands Acquires E-Commerce Company Bread & Boxers
Jan 6 (Reuters) - Online Brands Nordic AB OBAB.ST :
* ONLINE BRANDS ACQUIRES E-COMMERCE COMPANY BREAD & BOXERS
WITH A
TURNOVER OF ABOUT SEK 40 MILLION IN 2021
* INITIAL PURCHASE PRICE AMOUNTS TO SEK 57.5 MILLION
* ACQUISITION IS EXPECTED TO BE COMPLETED AROUND JANUARY 14,
2022
Source text for Eikon: ID:nMFNbFKGj4
Further company coverage: OBAB.ST
(Gdansk Newsroom)
((Gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))
Recent news on Online Brands Nordic AB
See all newsBrief: Online Brands To Prepare For List Transfer To Nasdaq Stockholm Small Cap
Brief: Online Brands Nordic Appoints Gustav Hasselgren As CEO
Brief: Online Brands Nordic: Magnus Skoglund Steps Down As CEO
Brief: Online Brands Aims For SEK 1.0 Bln Revenue In 15–18 Months
Brief: Online Brands Nordic Signs 10-Year Lease In Falkenberg