Reuters logo
BRIEF-BrainCool buys all assets of American medical cooling company Benechill
October 13, 2016 / 1:57 PM / a year ago

BRIEF-BrainCool buys all assets of American medical cooling company Benechill

Oct 13 (Reuters) - BrainCool AB (publ) :

* Says has acquired the entire business of Benechill Inc through an asset deal

* Transaction, with a total purchase of 19 million Swedish crowns ($2.20 million), will be settled in cash and new shares, of which major part is in shares

* More than half the purchase price is financed by a stock issue of new BrainCool shares

* Around 700,000 new shares will be issued (with a corresponding value of 14.7 crowns / share), representing a dilution of three per cent

Source text: bit.ly/2dPaYJD

Further company coverage:

$1 = 8.6231 Swedish crowns Gdynia Newsroom

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below