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IT

SDS completes Riaktr acquisition, converts shareholder loans and places bond

Monday 10 May 2021 | 12:09 CET | News
Seamless Distribution Systems (SDS) has announced the completion of its acquisition of Belgian network planning software provider Real Impact Analytics (Riaktr) and the successful placement of a senior secured bond loan with an initial volume of SEK 200 million. It has also converted SDS shareholder loans of SEK 44.2 million into shares. The purchase price for Riaktr's shares and assets on a cash and debt-free basis amounts to EUR 10.4 million.

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Categories: IT
Companies: Glo Mobile / Globacom / Orange / Proximus / Seamless Distribution Systems
Countries: Belgium / World
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