Brief: Vitec Acquires Software Company HK Data

Vitec Software AB (publ)

17/12/2019 09:38

Dec 17 (Reuters) - Vitec Software Group AB (publ)  VITb.ST :
    * VITEC ACQUIRES THE SOFTWARE COMPANY HK DATA AS
    * VITEC SOFTWARE GROUP STRENGTHENS ITS NORDIC POSITION IN
VERTICAL
MARKET SOFTWARE BY ACQUIRING ALL SHARES IN NORWEGIAN SOFTWARE
COMPANY HK DATA AS ON DECEMBER 17
    * ACQUISITION IS EXPECTED TO DIRECTLY RESULT IN AN INCREASE
IN
EARNINGS PER SHARE FOR VITEC
    * PAYMENT IS IN CASH
    * CONSOLIDATION IS FROM ACQUISITION DATE AND COMPANY WILL BE
INCLUDED IN SEGMENT HEALTH AND EDUCATION

Source text for Eikon:  ID:nWkr5HYYVT 
Further company coverage:  VITb.ST 

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