Brief: Storytel Buys Majority Stake In Publisher Bokfabriken
31/01/2025 10:08
Jan 31 (Reuters) - Storytel AB (publ) STORYb.ST :
* ACQUIRES A MAJORITY STAKE IN THE SWEDISH PUBLISHER BOKFABRIKEN
* ACQUIRES 70% MAJORITY STAKE IN BOKFABRIKEN
* PURCHASE PRICE TO BE FULLY PAID IN CASH FROM STORYTEL'S CASH BALANCE
* CURRENT OWNERS WILL RETAIN 30% STAKE
* LASSE BRAHME WILL CONTINUE AS CEO OF BOKFABRIKEN
* IN 2023, BOKFABRIKEN REPORTED SALES OF SEK 65.7 MLN
Source text: ID:nMFN2xMgCt
Further company coverage: STORYb.ST
(Gdansk Newsroom)
((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))