Precio Fishbone pays additional purchase price for minority interest in subsidiaries
On July 31, 2018, in a press release, Precio Fishbone AB (publ) announced that it had signed an agreement with Incubes to acquire their minority stake of 15% of Precio Vietnam.
The purchase price was SEK 2.5 million on the date of access on July 1, 2018. It was also stated that an additional purchase price of a maximum of SEK 2.5 million may be paid over a three-year period from the date of access, depending on whether a number of conditions are met.
As a result, an additional purchase price has now been paid out of SEK 1.25 million. A maximum of SEK 1.25 million may be paid out within a two-year period.
Stockholm, July 3, 2019
Board of Directors
For further information, contact Bengt-Åke Älgevik, Chairman of the Board 070-873 18 38.