Brief: Troax Acquires Svenska Cykelrum

Troax AB (publ)

03/10/2022 13:04

Oct 3 (Reuters) - Troax Group AB (publ)  TROAX.ST :
    * TROAX AB ACQUIRES SVENSKA CYKELRUM AB
    * TROAX AB, WHICH IS A PART OF TROAX GROUP CONTINUES TO
EXTEND ITS
OFFERING BY ENTERING INTO AN AGREEMENT TO ACQUIRE ALL
OUTSTANDING SHARES IN SWEDISH COMPANY SVENSKA CYKELRUM AB
    * ACQUISITION IS NOT EXPECTED TO MATERIALLY AFFECT TROAX
EARNING
PER SHARE OR NET DEBT / EBITDA
    * TRANSACTION IS EXPECTED TO CLOSE TODAY. TRANSACTION COSTS
OCCURRING DURING Q3 IS NOT EXPECTED TO BE MATERIAL

Source text for Eikon:  ID:nWkr4fVcVf 
Further company coverage:  TROAX.ST 
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