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BRIEF-ALM Equity intends to acquire Småa AB
February 8, 2017 / 6:24 AM / 7 months ago

BRIEF-ALM Equity intends to acquire Småa AB

Feb 8 (Reuters) - ALM Equity AB:

* Reaches conditional agreement on acquisition of JM’s (35.7 pct) and HSB’s (35.7 pct) shares in Småa AB

* Purchase price for 71.4 pct of shares is 620.3 million Swedish crowns ($69.89 million)

* Condition for deal to be carried out is that significant number of remaining shareholders in Småa AB sells their holdings

* Total purchase price is 870 million crowns and would be financed via bank loan of 600 million crowns and preference shares Source text for Eikon: Further company coverage: ($1 = 8.8758 Swedish crowns) (Gdynia Newsroom)

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