Invuo sells financial holdings related to SDS
Invuo Technologies AB (“Invuo”) has agreed to sell all of its financial holdings related to Seamless Distribution Systems (“SDS”) for a total consideration of SEK 17.5 million. The SDS assets sold consist of shares in SDS corresponding to 23.3% of the shares in SDS, in total 1,610,618 shares, and loan obligations by SDS to Invuo (with a face value SEK 35 milion). The purchaser of the SDS assets is a consortium of Swedish investors, which includes members of Management and the Board of SDS. The transaction is expected to be closed no later than May 31, 2018. For further information,