SaveLend Group AB OMXSTO:YIELD:
SAID ON THURSDAY HAS THROUGH ITS UNIT SBL FINANS ENTERED INTO CONDITIONAL AGREEMENT TO ACQUIRE REFINO AB'S DEBT CONSOLIDATION LOAN BUSINESS
NO PURCHASE CONSIDERATION WILL BE PAID UPON COMPLETION
REFINO AB WILL RECEIVE ONGOING ROYALTY EQUAL TO 45% OF THE BUSINESS'S PROFIT BEFORE TAX UNTIL JULY 31, 2032
REFINO AB HAS UNDERTAKEN TO INVEST IN SAVELEND GROUP THROUGH CONVERTIBLE INSTRUMENT
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