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Provider: Reuters Investment Profile
$20.00

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Polyplank publ AB to Acquire Froseke i Smaland Forvaltning AB through Directed Share Issue


Monday, 16 Sep 2013 02:27am EDT 

Polyplank publ AB announced that the Company intends to enter into an agreement to acquire Froseke i Smaland Forvaltning AB. It will be a non-cash acquisition, wherein Polyplank AB will issue 630,000 new shares towards owners of Froseke i Smaland Forvaltning AB. Subscription price has been set at SEK 7 per share. Following the issue the number of shares Polyplank will increase to 1,575,000. The transaction and new share issue are subject to Extraordinary General Meeting of the Company. 

Company Quote

12.35
3.25 +35.71%
12:00pm EDT