Edition:
India

Nordic Capital Announces Agreement To Acquire Iloq From Sievi Capital And Other Shareholders


Tuesday, 15 Oct 2019 

Oct 15 (Reuters) - Sievi Capital Oyj ::NORDIC CAPITAL TO ACQUIRE ILOQ, A LEADING PROVIDER OF SELF-POWERED DIGITAL LOCKING SYSTEMS.NORDIC CAPITAL - ANNOUNCES AN AGREEMENT TO ACQUIRE ILOQ FROM SIEVI CAPITAL AND OTHER SHAREHOLDERS.NORDIC CAPITAL - FOUNDER OF ILOQ AND MANAGEMENT TEAM WILL RE-INVEST IN BUSINESS ALONGSIDE NORDIC CAPITAL.NORDIC CAPITAL - TRANSACTION IS SUBJECT TO CUSTOMARY REGULATORY APPROVALS AND IS EXPECTED TO BE COMPLETED BY END OF 2019. 

Company Quote

1.22
-0.005 -0.41%
20 Nov 2019