Brief: Prevas Enters Agreement To Acquire Evotech

Prevas AB

22/10/2020 09:30

Oct 22 (Reuters) - Prevas AB  PREVb.ST :
    * SAID ON WEDNESDAY, ENTERS INTO AGREEMENT TO ACQUIRE
EVOTECH AND
REMAINING MINORITY SHARES IN TRITECH TECHNOLOGY AND DEVA
MECANEYES
    * ACQUIRED SHARES ARE VALUED AT A TOTAL OF ABOUT SEK 270
MILLION
    * PAYMENT WILL BE MADE THROUGH A COMBINATION OF SHARES IN
PREVAS
ISSUED THROUGH A NON-CASH ISSUE AND CASH
    * TOTAL PURCHASE PRICE FOR THE ACQUISITIONS AMOUNTS TO
2,634,532
B-SERIES SHARES IN PREVAS AND SEK 103,446,323

    
    
 Source text for Eikon:  urn:newsml:reuters.com:*:nWkr1STYqT
    
 Further company coverage:  PREVb.ST  
   


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