Brief: Zinzino Acquires 35% Of Shares In Andorra-Based Xion International Group
11/11/2025 11:59
Nov 11 (Reuters) - Zinzino AB ZZb.ST: ZINZINO AB (PUBL.): ZINZINO ACQUIRES 35% OF THE SHARES IN ANDORRA-BASED XION INTERNATIONAL GROUP FOR FURTHER DEVELOPMENT OF ITS OWN-PRODUCED OMEGA-3 OIL AND SPIRULINA IS ACQUIRING 35% OF SHARES IN COMPANY FOR A FIXED PURCHASE PRICE OF EUR 1.2 MILLION CASH PORTION OF TRANSACTION AMOUNTS TO EUR 0.7 MILLION AND IS FINANCED THROUGH GROUP'S OWN CASH RESERVES REMAINING EUR 0.5 MILLION WILL BE SETTLED THROUGH NEWLY ISSUED ZINZINO B SHARES. Source text: ID:nWkr52bH1y Further company coverage: [ZZb.ST] (Gdansk Newsroom) ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))