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Eniro divests InTouch in Norway to Link Mobility Group


Tuesday, 11 Mar 2014 03:00am EDT 

Eniro AB:Divests its Norwegian business-to-business service InTouch to Link Mobility Group ASA subsidiary Link Mobility AS.Says the sale will give rise to a capital gain of approximately 30 million Swedish crowns during the first quarter.Says Eniro Norge AS reached an agreement on March 11 to sell InTouch to Link Mobility Group ASA.Says the sale includes the brand and other intangible rights, customer agreements and personnel.Says Link Mobility will pay total consideration of about 35 million Swedish crowns.Says cash consideration of approximately 16 million Swedish crowns will be paid in connection with transfer of possession, and the remaining 19 million Swedish crowns will be paid over a two-year period.Says the completion of the deal is expected to take place at the end of March. 

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6.07
1.148 +23.32%
19 Dec 2014