Brief: Refine Sells Brand Yaytrade, Cancels Planned Acquisition Of Brand Agency

Vetted Assets publ AB

19/09/2023 08:36

Sept 19 (Reuters) - Refine Group AB (publ)  REFINE.ST :
    * REFINE GROUP SELLS THE BRAND YAYTRADE AND HAS CHOSEN TO
CANCEL
THE COMMUNICATED PLANNED ACQUISITION OF ALL SHARES IN A BRAND
AGENCY
    * HAS ENTERED INTO BINDING AGREEMENT WITH JOTUNFJELL
PARTNERS AS
TO SELL THE YAYTRADE TRADEMARK AND CERTAIN OTHER INTELLECTUAL
PROPERTY RIGHTS
    * AFTER DUE DILIGENCE REVIEW CO CHOSE NOT TO COMPLETE
ACQUISITION
OF SHARES IN A DESIGN AND BRANDING AGENCY PREVIOUSLY ANNOUNCED

Source text for Eikon:  ID:nWkr2hdnbG 
Further company coverage:  REFINE.ST 

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