Brief: PunaMusta Media Acquires Majority In Profilight Oy

Rebl Oyj

30/04/2021 08:21

April 30 (Reuters) - PunaMusta Media Oyj  PUMU.HE :
    * ACQUIRES MAJORITY STAKE IN PROFILIGHT OY
    * ACQUISITION PRICE FOR 70% STAKE IS ABOUT EUR 1.6 MILLION
    * PURCHASE PRICE WILL BE PAID IN CASH AND PART OF THE
PRELIMINARY
PURCHASE PRICE HAS BEEN PAID AT THE TIME OF THE TRANSACTION
    * IN ADDITION, ARRANGEMENT INCLUDES POSSIBLE ADDITIONAL
PURCHASE
PRICE OF UP TO EUR 1.0 MILLION IF SET GROWTH TARGETS FOR
2022-2023 ARE ACHIEVED

Source text for Eikon:  ID:nGNE81CV7w 
Further company coverage:  PUMU.HE 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 6600;))