Brief: Panostaja's Selog Group To Merge With Tilatukku

Panostaja Oyj

30/10/2019 07:05

Oct 30 (Reuters) - Panostaja Oyj  PNA1V.HE :
    * REG-PANOSTAJA OYJ’S SEGMENT SELOG GROUP OY TO MERGE WITH
TILATUKKU OY AND APPOINT A NEW CEO
    * PANOSTAJA'S SEGMENT SELOG GROUP OY SIGNED AN AGREEMENT
WITH
TILATUKKU OY TO MERGE COMPANIES
    * MERGER WILL TAKE FORM OF AN EXCHANGE OF SHARES, WHICH
INVOLVES
SELOG GROUP OY PURCHASING TILATUKKU OY'S SHARES AND CURRENT
OWNERS OF TILATUKKU ENDING UP WITH 40% OF SELOG GROUP OY'S
SHARES AFTER CONSOLIDATION
    * TILATUKKU OY WILL CONTINUE AS A SUBSIDIARY FULLY OWNED BY
SELOG
GROUP OY
    * GOING FORWARD, SELOG GROUP WILL OPERATE UNDER NAME
TILATUKKU.

Source text for Eikon:  ID:nGNE7l7wLr 
Further company coverage:  PNA1V.HE 

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