Brief: Paragon To Acquire 93% Of Security Label Capital

Paragon Id SA

21/06/2021 06:04

June 21 (Reuters) - PARAGON ID SA  PID.PA :
    * ANNOUNCES THE ACQUISITION OF SECURITY LABEL
    * ACQUISITION WILL BE EFFECTIVE ON JULY 1, 2021
    * THE TRANSACTION WILL RESULT IN THE ACQUISITION OF 93% OF
THE
CAPITAL OF SECURITY LABEL BY PARAGON ID
    * THE ACQUISITION WILL BE FINANCED ENTIRELY IN CASH, FROM
EQUITY
AND FROM LINES OF CREDIT ALREADY AVAILABLE TO PARAGON ID

Further company coverage:  PID.PA 

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