Brief: WPTG Signs LOI To Acquire Data Services Provider Cynotech
Dec 7 (Reuters) - White Pearl Technology Group AB
WPTGb.ST :
* WPTG SIGNS LETTER OF INTENT TO ACQUIRE DATA SERVICES
PROVIDER -
CYNOTECH
* TO MAKE A STRATEGIC ACQUISITION OF A MAJORITY STAKE IN
CYNOTECH,
FOR 1,1 MILLION SEK IN CASH AND SHARES
* EXACT TERMS AND AQUISTION WILL BE CONCLUDED WITHIN A MONTH
* CYNOTECH HAS A YEARLY TURNOVER OF OVER 6 MILLION SEK
Source text for Eikon: ID:nWkr9pd3gS
Further company coverage: WPTGb.ST
(Gdansk Newsroom)
((gdansk.newsroom@thomsonreuters.com;))