Hedera Group AB (publ) (OM:HEGR) entered into a conditional agreement to acquire 53.6% stake in Liv ihop AB (publ) (OM:LIVI) for SEK 23.2 million on December 3, 2021. The consideration includes cash price of SEK 0.45 per share and earnout of SEK 4.55 per share.
The agreement is conditional on the conclusion of an agreement with certain lenders. Liv Saman AB must reach an agreement on reducing the debts of reorganization companies with the Swedish Tax Agency for the main amount of coronary deferral. Liv Saman AB will have an agreement with the current bank regarding refinancing. If these conditions are not met, the purchase will not be completed by Hedera Group AB. After acquiring 53.6% of the shares, Hedera will offer other shareholders the opportunity to sell their shares or receive shares in the Hedera Group on the same terms by means of a public offer. The transaction will be funded through a rights issue and a bank loan.

Hedera Group AB (publ) (OM:HEGR) cancelled the acquisition of 53.6% stake in Liv ihop AB (publ) (OM:LIVI) on January 20, 2022.