Stillfront Group AB: Stillfront Group AB (publ) completes the acquisition of a majority stake in Simutronics
Stillfront Group AB (publ) completes the acquisition of a majority stake in Simutronics and issues new shares against payment in kind Stillfront Group AB (publ) ("Stillfront" or "company") has completed the acquisition of 52.65 per cent of the outstanding shares of the U.S. company Simutronics Corp., ("Simutronics") which the company announced in a press release on 21 June 2016. In connection with closing, which took place after the exchange had closed on 23 June 2016, Stillfront carried out an issue of 18 851 new shares in Stillfront to David M. Whatley Living Trust. The subscription