Brief: Zinzino Announces Merger With It Works!
Jan 27 (Reuters) - Zinzino AB ZZb.ST: SAID ON MONDAY ANNOUNCES MERGER OF IT WORKS! INTO THE ZINZINO FAMILY OF BUSINESSES FOR INCREASED DISTRIBUTION POWER IN NORTH AMERICA AND EUROPE PURCHASE PRICE $30 MLN PAID THROUGH B-SHARES ADDITIONAL PURCHASE PRICE $4 MLN BASED ON SALES MERGER EXPECTED TO GENERATE OVER $60 MLN REVENUE Source text: ID:nPn4zK02Ta Further company coverage: [ZZb.ST] (Gdansk Newsroom) ((Gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))