Brief: Vestum, Through Subsidiary WAGAB, Acquires Takakustik

Vestum AB (publ)

22/09/2021 07:06

Sept 22 (Reuters) - Vestum AB (publ)  VESTUM.ST :
    * VESTUM, THROUGH SUBSIDIARY WAGAB, ACQUIRES SPECIALIST
COMPANY IN
SUSPENDED CEILINGS WITH SALES OF SEK 96.3M, EBITDA OF SEK 9.0M
AND EBITA OF SEK 7.9M
    * HAS THROUGH SUBSIDIARY WE AR(E) GROUP AB AGREED TO ACQUIRE
100
PERCENT OF SHARES IN TAKAKUSTIK I SVERIGE AB
    * PURCHASE PRICE WILL PARTLY BE FINANCED THROUGH PAYMENT IN
REVERSE, WHICH WILL THEN BE SET OFF AGAINST 152,222 SHARES IN
VESTUM THROUGH OFFSET ISSUES
    * THIS WILL RESULT IN A DILUTION OF APPROXIMATELY 0.2%
    * TAKAKUSTIK'S FINANCIALS ARE EXPECTED TO BE CONSOLIDATED
INTO
WAGAB FROM OCTOBER 2021

Source text for Eikon:  ID:nBQN429N26 
Further company coverage:  VESTUM.ST 

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