24SevenOffice expands its international scope by acquiring a US business and IPR for EU/UK
INSIDE INFORMATION: 24SevenOffice Scandinavia AB ("24SevenOffice" or the "Company") has entered into an agreement to acquire 94.5% of 24SevenOffice US Inc and 51% of Masterplan Inc and all the European IPR to the 24SevenOffice platform from R-Venture AS (the "Transaction"). The consideration paid in the Transaction amounts to SEK 200 million. The consideration will be SEK 170 million in cash and SEK 30 million in 24SevenOffice shares. The Transaction is expected to be completed during Q1 2021 provided that all conditions are fulfilled, including due diligence and approval from the