February 26, 2018 / 11:07 AM / 7 months ago

BRIEF-LINK Signs Term Sheet Regarding Acquisition Of Teracomm Companies

Feb 26 (Reuters) - LINK MOBILITY GROUP ASA:

* LINK SIGNS TERM SHEET REGARDING ACQUISITION OF TERACOMM COMPANIES

* ‍AGREED ENTERPRISE VALUE OF TRANSACTION IS EUR 8.8 MILLION​

* ‍TERACOMM COMPANIES EXPECT TO REPORT REVENUES FOR 2017 OF EURO 11.9 MILLION.​

* ‍TRANSACTION IS EXPECTED TO CLOSE ON OR ABOUT 30 APRIL 2018.​ Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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