Brief: Tobii Divests Some Imaging Assets Acquired From Fotonation

Tobii AB

20/11/2024 09:04

Nov 20 (Reuters) - Tobii AB  TOBII.ST :
    * DIVESTS SOME IMAGING ASSETS ACQUIRED FROM FOTONATION
    * DIVESTMENT RESULTS IN REDUCTION OF AROUND 35 EMPLOYEES
    * FULL COST REDUCTION TO MATERIALIZE STARTING Q2 2025
    * COST REDUCTION PROGRAM TO LOWER EXPENSES BY OVER SEK 200
MILLION
    * RECEIVED 19.9% MINORITY STAKE IN COMPANY FOUNDED BY FORMER
FOUNDERS FOTONATION AS CONSIDERATION FOR DIVESTMENT

Source text:  ID:nWkr8f6zF7 
Further company coverage:  TOBII.ST 

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