Brief: Online Brands Nordic Signs LoI For Reverse Acquisition With Cama-Gruppen

Online Brands Nordic AB

12/04/2021 12:25

April 12 (Reuters) - Online Brands Nordic AB  OBAB.ST :
    * SIGNS LETTER OF INTENT FOR REVERSE ACQUISITION WITH
CAMA-GRUPPEN
    * PURCHASE PRICE IS ABOUT SEK 330 MILLION
    * AMBITION IS FOR  TRANSACTION TO BE COMPLETED DURING Q2
2021
    * ONLINE BRANDS NORDIC WILL ACQUIRE ALL SHARES IN
CAMA-GRUPPEN 
THROUGH A NON-CASH ISSUE OF SHARES IN ONLINE BRANDS NORDIC

Source text for Eikon:  ID:nMFN1mYfHc 
Further company coverage:  OBAB.ST 

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