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    STG — Scandinavian Tobacco A/S News Story

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    Brief: Scandinavian Tobacco Group A/S Acquires Brand XQS

    Picture of Scandinavian Tobacco A/S logoScandinavian Tobacco A/S
    23/04/2023 18:05
    April 23 (Reuters) - Scandinavian Tobacco Group A/S
 STOGR.CO :
    * ACQUIRES BRAND XQS
    * TRANSACTION VALUE CONSISTS OF AN UPFRONT PAYMENT AS WELL
AS AN
EARN-OUT AGREEMENT
    * TOTAL PURCHASE PRICE WILL BE ABOUT DKK 150 MILLION AND IT
WILL
BE FULLY FINANCED BY CASH AT HAND AND DEBT

Source text for Eikon:  ID:nGNE6HSXl2 
Further company coverage:  STOGR.CO 

 ((Reuters.Briefs@thomsonreuters.com;))

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