Webstep ASA divests its operations in Sweden
Oslo, 23 May 2024: Webstep ASA ("Webstep" or the "Seller") has today entered into an agreement to divest its subsidiary Webstep AB (the "Transaction"). The buyer is B3 Consulting Group AB (publ) (the "Buyer"), a Swedish listed company.Key terms · Sale of all the shares in Webstep AB. · The total consideration for the shares to be paid by the Buyer to the Seller is SEK 50,981,658 (the "Purchase Price"). · SEK 25,490,829, corresponding to 50% of the Purchase Price, shall be paid by the Buyer to the Seller at closing of the Transaction. · The remaining part of the Purchase Price,