Brief: Volati Acquires Scanmast

Volati AB

22/06/2021 07:32

June 22 (Reuters) - Volati AB  VOLO.ST :
    * VOLATI CONTINUES TO GROW THROUGH THE ACQUISITION OF
SCANMAST
    * ACQUISITION IS BEING CONDUCTED AT AN ESTIMATED ENTERPRISE
VALUE
OF APPROXIMATELY SEK 245 MILLION
    * PURCHASE CONSIDERATION FOR SHARES IS APPROXIMATELY SEK 223
MILLION
    * ACQUISITION IS FINANCED THROUGH VOLATI'S EXISTING CREDIT
FACILITIES AND IS EXPECTED TO BE COMPLETED ON 30 JUNE 2021
    * ACQUISITION IS EXPECTED TO HAVE A POSITIVE EFFECT ON
VOLATI'S
RESULTS FOR 2021.

Source text for Eikon:  ID:nWkr79pX4D 
Further company coverage:  VOLO.ST 

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