Brief: Vertiseit Divests MultiQ Denmark Executing On SaaS Strategy

Vertiseit AB (publ)

20/09/2023 07:09

Sept 20 (Reuters) - Vertiseit AB (publ)  VERTb.ST :
    * EXECUTING ON SAAS STRATEGY
    * PURCHASE PRICE, WHICH IS BASED ON AN ENTERPRISE VALUE OF
EUR 2.3
MILLION
    * PURCHASE PRICE WILL BE PAID THROUGH AN UPFRONT CASH
PAYMENT OF
70 PERCENT OF PURCHASE PRICE
    * REMAINING AMOUNT WILL BE PAID IN TWO EQUAL INSTALMENTS
    * ACQUISITION STRENGTHENS VERTISEIT'S CASH POSITION BY EUR
2.3
MILLION ON DAY OF CLOSING

Source text for Eikon:  ID:nMFN5fxJxC 
Further company coverage:  VERTb.ST 

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