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Provider: Reuters Investment Profile
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Provider: Sadif Analytics Prime

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Stille AB Divests Sonesta to ADDvise Lab Solutions AB

Tuesday, 11 Jun 2013 02:30am EDT 

Stille AB announced that on June 10, 2013, it has entered into an agreement to sell Sonesta to ADDvise Lab Solutions AB. The take-over is to take place on September 2, 2013. The price amounts to SEK 21 million in total, of which SEK 6 million is to be paid in cash on take-over date, SEK 6 million in newly issued ADDvise shares as well as SEK 9 million to be paid without conditions in three stages until 2016. 

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