Brief: Teqnion To Buy All Shares In Markis City Service And Dandy Dots

Teqnion AB

18/09/2019 11:08

Sept 18 (Reuters) - Teqnion AB  TEQ.ST :
    * SIGNS AGREEMENT TO ACQUIRE ALL SHARES IN  MARKIS CITY
SERVICE AB
AND DANDY DOTS AB
    * INITIAL PURCHASE PRICE TO BE OF SEK 29.5 MILLION
    * TEQNION - POTENTIAL ADDITIONAL PURCHASE PRICES OF UP TO
SEK 4
MILLION AND UP TO SEK 2 MILLION TO BE PAID AFTER 12 AND 24 MTHS
RESPECTIVELY
    * PAYMENT OF ADDITIONAL PURCHASE PRICE IS CONDITIONAL UPON
ACHIEVING CERTAIN GROWTH LEVELS

Source text for Eikon:  ID:nBQN1ph7c 
Further company coverage:  TEQ.ST 

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