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Wireless

Buildroid plans Netmore share buyout offer after reaching 57% stake with sister firm

Thursday 15 April 2021 | 12:30 CET | News
IoT network operator Netmore has announced a forthcoming buyout offer from Buildroid. It said that Buildroid Invest, which is jointly controlled by Vincero and Stronghold Invest, has bought another 6.96 million Netmore class A shares. At the same time, Vincero subsidiary Vincero Bostad has acquired 9.61 million Netmore A shares. The price paid was SEK 1.50 per share.

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Categories: Mobile & Wireless
Companies: Netmore
Countries: Sweden / World
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