Cint Group AB (publ) completes the acquisition of Lucid Holdings, LLC
Cint Group AB (publ) (“Cint” or the “Company”), a global software leader in digital insights gathering, has completed the acquisition of Lucid Holdings, LLC (“Lucid”), which was announced through a press release on 27 October 2021 and issued new shares as part of the consideration. The consideration, which was paid to the sellers of Lucid, amounted to USD 1,070 million, on a cash- and debt- free basis. Of the total consideration, USD 476 million was paid through issue of 36,292,902 new shares in Cint (the “Share Consideration") and USD 554 million was paid in cash (the “Cash