February 2, 2018 / 8:54 AM / 4 months ago

BRIEF-Basware To Sell Two Businesses To Verdane Capital

Feb 2 (Reuters) - Basware Oyj:

* BASWARE TO SELL ITS NON-CORE FINANCIAL PERFORMANCE SOLUTIONS AND BANKING BUSINESSES TO VERDANE CAPITAL

* ‍TRANSACTION IS EXPECTED TO BE COMPLETED AS SOON AS POSSIBLE IN Q1 OF 2018​

* ‍COMBINED SALE PRICE OF TWO BUSINESSES IS APPROXIMATELY EUR 35.0 MILLION, SUBJECT TO CERTAIN ADJUSTMENTS.​

* ‍TRANSACTION PRICE WILL BE PAID IN CASH IN CONNECTION WITH CLOSING OF TRANSACTION.​ Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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